7 Simple Ways to Gain Quality Steem Followers

Let’s face it: gaining followers on social media platforms is part of the fun.  Whether you are growing a brand, or keeping it casual, more followers will give you a better Steem experience. Having more followers gives you the opportunity to meet new people and have a greater impact on others.

There are a lot of articles on growing followers on Steem, but one of my goals with this website is to collect a lot of these tips into one source, saving people time and energy in learning how to best use this awesome platform.

With that said, these 7 tips will help you grow your followers and make your Steem experience more enjoyable. Continue reading “7 Simple Ways to Gain Quality Steem Followers”

SteemPress Turns Your WordPress Posts into Bitcoin

SteemPress Turns Your WordPress Blog into a Cryptocurrency Generator

I’m eager to talk to you about how I turned my side hobby in cryptocurrency into a viable side gig using SteemPress, but first, a quick story:

A Twitter advertisement for Brandon Gaille’s blog report recently came across my feed, the lede compelled me enough to click it. Rarely does an ad work so effectively, as it led me to reading my first Gaille article (a great report on how bloggers in various monthly income categories make their money) and subscribing/downloading a handful of his podcasts.

Well done, Brandon!

The article split bloggers into categories Continue reading “SteemPress Turns Your WordPress Posts into Bitcoin”

The Byteball Airdrop: Another Use Case for Steem

Another week, another opportunity to earn money off of tech entrepreneurs’ attempts to gain your attention.

Did you get your free Byteball yet as a Steem user?

It’s been a lot of fun on Steemit this past week, seeing everyone sharing the opportunity to get free cryptocurrency Continue reading “The Byteball Airdrop: Another Use Case for Steem”

Generate Passive Income on Steem

This article discusses how to generate passive income on Steem, a service I have used for over 8 months. I’m not a professional investment adviser, so this is not “investment advice”. Do your own research before making decisions on whether or not to do this. Buying Steem involves many risks, including loss of the USD value of Steem and complete blockchain destruction. 

But if you are interested in earning passive income on Steem, or are just interested in how it works, here is how (with video links) to do it. Continue reading “Generate Passive Income on Steem”

Augur: Prediction Markets for Everything

Augur-Why an Unstoppable Betting Platform is More than Fun and Games

Perhaps the most important aspect of the Ethereum Virtual Machine is that it is unstoppable: it takes an incredible amount of energy to be taken down[1]. This is a feature that makes it the perfect platform for Augur, a betting platform that allows for betting on anything users choose to bet on. Augur harnesses the innate desire humans have to predict what is going to happen into crowdsourced data. The betting action is also fun: people have gambled for thousands of years. Continue reading “Augur: Prediction Markets for Everything”

Turn Your WordPress Blog Into a Cryptocurrency Machine

There are few times in life when you get the opportunity to get something for free.

This is one of those times.

Steem is a blockchain that allows instantaneous transfers between users-think Bitcoin, but with Twitter like “@” handles-and also acts as a blogging platform.

Yes, I know. You already have a blogging platform.

But is your blog earning you any money?


I had a Google blog 10 years ago, which showcased some restaurants in Yokosuka, Japan that I liked. It got a little bit of traffic, and my Google Ads earned me around $14.

Unfortunately, Google doesn’t pay out until you make $20. It costs time and money to transfer cash, so I’m not mad.

But you can do far better than that with the SteemPress app, which is available in the WordPress store (you have to have your own domain, not a wordpress.org “free” blog). When you get a Steem account, you’ll connect your posting key (a bit like a long, random password) to your blog, which will allow your WordPress articles to be automatically uploaded to the Steem blockchain. There are a few advantages to this:

  1. Your work is locked into the Steem blockchain forever, at no additional cost to you.
  2. If Steemians (those who use the Steem blockchain) like your articles, upvotes will turn into money. This is a little like Reddit karma, if you could use Reddit karma to turn into Bitcoin or buy stuff with.
  3. You tap into a new audience for your work.

I have used SteemPress for about 5 or 6 months, and I love it. I don’t get anything if you sign up for SteemPress-there is currently no referral program (nudge to @howo and @fredrikaa)-except the ability to share a great new (free!) product with others.


You can set up an account with Steem here. Participation on the steemit.com platform will vastly increase your probability of success, as relationships with other Steemians is crucial to finding an audience and building a community. There is a lot going on in the Steem blockchain; too much to explain in one blog post.

I’m happy to help you if you have questions; just leave them in the comment box below. Let me know if you do sign up, as I’ll send some upvotes your way early on and help you on your early journey as a Steemian.

Jeff

Interested in optimizing your Steem experience? Do you want to learn more about the Steem blockchain and how Steemit works? Click my logo below for a deep dive on Steem:

steemmaker logo

SBD Returning to $1

SBD/Dollar parity

Steem Backed Dollars are supposed to be a stable coin, but that hasn’t been the case for the past 7 months, when SBDs dramatically rose to $13. There has been no stability in SBDs since, and the price has slowly deflated all this time. My general strategy has been to convert my SBDs to Steem daily and power it up.

Now, that strategy is about to change.

I expect SBDs to drop below $1, but barely. Meanwhile, I expect the price of Steem dropping further and getting close to parity with SBDs again, resulting in a 1:1 ratio at some point. We’ll see whether or not that happens, but in the meantime, holding SBDs will be a little more stable than most of the tokens in this market (I don’t expect SBDs to get lower than 90 cents or so), and allow me to build up a small hoard that can be used if other tokens continue to fall in price.

Here’s why this is good: this bear market, with depreciating tokens, is demoralizing. While I’ve been content with plugging on and writing a handful of articles each week, I’ve noticed a lot of decreased activity in both my feed and my comments section. It’s less exciting to take time to do stuff on Steem when the payout is low, and lowering daily.

With SBDs getting back to $1, rewards can be built up. And if the price of Steem continues to plunge (which is much more indicative of the overall bearishness of cryptocurrency than Steem itself), we may even be able to acquire Steem for less than one SBD. I’m now saving my SBDs in anticipation of this.

There is some risk here: stable coins are not always as stable as they advertise. SBDs could drop below 90 cents, even down to 50 cents or lower, and never recover. I don’t expect this to happen, as the Witnesses can change rewards payouts to lower supply of SBDs, or offer dividends to make them act like bonds, creating upward pressure on the price as people seek even small (3-5%) rewards for holding.

What’s great about Steem is that anyone with an internet connection can start writing/producing content and not put any of their own money at risk.

Jeff

Interested in optimizing your Steem experience? Do you want to learn more about the Steem blockchain and how Steemit works? Click my logo below for a deep dive on Steem:

Evaluating Crypto Twitter Personalities

What’s more valuable than a tip on an ICO? Knowing who to listen to and who to ignore.
Successful investing in cryptocurrency and blockchain does not require graduate level math, programming skills, or millions of dollars. Savvy market participants know who to pay attention to on Twitter and who to ignore. Stupid ones go broke.
Here are some of my criteria in evaluating a person’s thoughts, in no particular order:

  1. Cui bono? Who benefits? Are they talking their book? When a fund manager has a vested interest in a particular token looking good (because they own it and want it to rise in price), I tend to discount their bullish thoughts on that token, but pay more attention to their criticisms of it. Take extra note if somebody who got in at sub market rates is building their exit strategy by extolling a particular token-just because a VC owns a token, doesn’t mean that they should be trusted as sources of information on it…especially if you’re getting in at 3x (or more) their price.
  2. Conversely, some critics have never used cryptocurrency, and are colored by their desire to see it blow up (and congratulate themselves afterwards for saying, “I told you so”). While critics are necessary, it’s important to ask, “are they framing their criticisms of the token honestly?” The best critics will understand the best arguments for a token and dismantle them one by one. The worst will create straw men to attack.
  3. Does the person have a particular world outlook that colors their perspective? Are they Bitcoin (or Ethereum) maximalists? Do they view investing dogmatically or pragmatically? We should also reflect on how we view investing, as that colors our own thoughts and opinions.
  4. What is the person’s area of expertise? Sometimes, you’ll see an expert in one field mistakenly believe they are an expert in all fields. Run, don’t walk, from these folks.
  5. Assess percentage of certainty. Nobody knows the future. While I am certain of a few things in life (faith, death, taxes), I try to remain uncertain about everything else. A person may know with certainty that the math behind Bitcoin is solid; that doesn’t mean he knows with certainty that the price in USD of Bitcoin is going to go up. Pay attention when somebody speaks of the future with 100% certainty-that’s likely a good BS flag that should go up in your mind.
  6. Is this person selling something? If so, are they transparent about it?
  7. Do people whose opinions I respect think well of this person’s thoughts? This is a trust, but verify sort of thing. Maybe they respect them for the wrong reason, although if a lot of people think well of them, then I’m more likely to pay attention as well.

This list is not exhaustive, but it has helped me evaluate statements made by the wide variety of thinkers (and charlatans) on Twitter. I hope it helps you as well.

Jeff

Interested in optimizing your Steem experience? Do you want to learn more about the Steem blockchain and how Steemit works? Click my logo below for a deep dive on Steem:

Coindata: A Better Coinlisting Site

Take a few minutes and head on over to Coindata.vc, where you’ll find some great info that I haven’t seen on other sites like Coinmarketcap or Brave New Coin.

Among one of the features I like the best is that it lists subcoins on a platform. For instance, you can easily compare smart contract platforms like Ethereum to NEO or QTUM, and see how many projects each one actually has.

Note: Ethereum has over 6x as many tokens as all other chains combined (113) ! Network effects matter, people.

You can find some pretty interesting stats when you drill down on Ethereum tokens. For instance, in this screen, you can see stats such as 1h, 24h, and 7 day gain/loss; market cap, trade volume, and more. There’s something for everyone and it’s a good way to compare a lot of tokens quickly.

I’m a big Ethereum fan, partly because I have been following it for nearly 3 years, and partly because it has the most interesting projects in blockchain. Forget the hyped up mega projects for a minute: take a look at Decentraland, a sort of “Second Life, but blockchain”, where users are already buying and selling lands they won in the auction that took place a few months ago, and others are using SDKs to build out their owned land.

Or OpenSea, where you can buy and sell collectibles that are hosted on Ethereum, from Crypto Kitties to Crypto Strikers, and a whole lot more that I’ve never heard of. There are also lots of ways to get free cards, if you look carefully enough.

In fact, there are more collectible tokens/cards on Ethereum than there are tokens on the next highest count blockchain (Waves). o_O

I have no idea what will be the next big thing, what will hang in there as good enough, and what will be forgotten. In the meantime, Coindata.vc is a great way to explore various tokens and quickly see if they’re living up to the hype. I’m also eager to see when SMTs come out, because I think they’ll result in a large number of tokens on the Steem blockchain. Steem Monsters has shown us some of the possibilities on this great platform already!

What sites do you use to get your coin info?

Jeff

Interested in optimizing your Steem experience? Do you want to learn more about the Steem blockchain and how Steemit works? Click my logo below for a deep dive on Steem:

Avoiding Fraud on the Blockchain

The promise of blockchain technology is entangled in a concept of freedom from central control of currencies and platforms. It’s unsurprising that Bitcoin emerged when it did, after the 2008 Crisis, when everyone watched as the nation’s savings and investments were eroded by risky Wall Street bets made with other peoples’ money. It turned out that when Wall Street traders realized it could make huge bets on the market, with the Fed ensuring a minimal downside (thank you Mr Greenspan), they did exactly that.

Bitcoin emerged in early 2009 as a solution removed from the control of Wall Street, a peer to peer cash system with no central authority to corrupt it.

Despite its usefulness in transporting money from person to person, I’m pessimistic Bitcoin will change much about human action. On the margins? Yes. Certainly, people’s lives have been changed by Bitcoin and blockchain tech in general.

But the problem Bitcoin tries to solve is a false one: centralization is not the core problem of economies. Human vice is.

Austrian economists blame the government. Progressives blame corporations. I think most people realize when they look at these two institutions, they’re often driven by the same things: Greed. Pride. Envy. For the love of money is the root of all kinds of evils[1]. One doesn’t need to be a Christian to read that line from St Paul’s letter to Timothy to realize they are true words.

But let’s be real: do we love Bitcoin because its adoption will make us rich? Do we think that cryptocurrencies are good because we have a lot of them, and will make a fortune if they succeed?

That thinking can cloud one’s judgement, and in many cases it can turn a bagholder into a cheerleader for a particular bad token. If you’ve spent any time in Telegram or other social media channels focused on ICOs or tokens, you’ll know what I mean.

Try not to confuse “we’re going to change the world!” with “we’re going to change my world, with your money![2]” As a rule of thumb, if somebody is publicly dishonest about the terms of a token sale, it’s time to move on to a project with integrity as its focus.

What’s your point, ProtegeAA?

My point is this: blockchains don’t detach us from our obligations to be good to other people, and there are plenty of bad actors in the space right now whose number one goal is to make money at (almost) any cost. Blockchains are cool tech, and as I pointed out above, they’ve made some people’s lives better. But blockchain is not a magic word that bestows goodness and utopia on the world, and we need to ensure we still act with integrity when we use and design them.

Anyway, end of mini rant. I’d love to hear your thoughts in the comments below!

Jeff

Interested in optimizing your Steem experience? Do you want to learn more about the Steem blockchain and how Steemit works? Click my logo below for a deep dive on Steem:


[1] This line is often (mis)interpreted as “money is the root of all evil”, which is quite false. It’s an important distinction, because the vast majority of us need to earn a living, and that involves a paycheck that allows us to buy the goods our families need to live a healthy life.

[2] Holmes belongs in jail. Keep her in mind when evaluating founders: you can commit fraud and cheat for 8 or 9 years and walk away with a slap on the wrist.