Firstly, the numbers: our total value is currently about 2798 STEEM (+2 STEEM), including 2217 STEEM within Steem Engine and a total of 19403 tokens in play. This gives ONECENT an ABV of about 14.42 STEEM cents (0.1442 STEEM), up slightly on yesterday.
Another two-days-in-one post, as have been busy this weekend.
As I have said recently, I think we may continue treading water around the 14.0-14.5 cents level for some days now. Even post income has flattened out. I've estimated a floor on this down-turn and it looks to be about 14.2 cents, so is very much a correction rather than a crash.
We continue to mark down some token prices as very few of them seem to be holding onto any support, however, they also still bring in some income, hence a reluctance to just clear them from the accounts. LEO is one exception that is slowly rising, but it takes a lot of effort to balance the obvious sell pressure. Luckily, a large part of our holdings is in other MAP FinTech programs and their effect has been minimal; indeed, some tokens such as MAPR continue to rise in price, albeit slowly, and we still get valuable upvotes.
Any opinions on this, please leave a comment.
Have a fine day!
And another bank! You have been warned.
It further notes that an ECB-backed digital currency could have “far-reaching implications” for the financial system. Not only could it alter the way monetary policy is transmitted, but it could also render commercial banks redundant as people would be able to open accounts directly with the ECB.
Exactly! This is what I've been saying about Steem, that users have an account directly with the Steem central bank - whether they use that way, or not, is up to the individual.
This is quite a lengthy article, so just reposting this link:
Great summary of the state of crypto tech.
Now, to some prizes!
That random player will also be added to our automatic-voter (if not already there) and to our new TRENDO tipping token comments.
So, our winners today are... @mariannewest !
I hope you find the game interesting. Please post any questions or, better still, if you write any articles on the ONECENT experience, feel free to post a link in a comment.
ONECENT: The First Strategic Token Investment Game (STIG)
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If you're not, then you won't - but you could.
Anyway, it saves me from updating these links every day, which I haven't exactly been doing rigorously.
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Full details of the command parameters at steemrewarding.