Broad market collapse this week - my final week of collecting Steem data!
hive-167922·@drutter·
0.000 HBDBroad market collapse this week - my final week of collecting Steem data!
<h5>Welcome to the 103<sup>rd</sup> weekly installment of my series on Steem income and growth!</h5> Income on this blockchain is generated by "investment" (the more currency you have, the more you earn) and by "work" (earning currency by contributing content that adds value). I'm working to earn STEEM by creating (and curating) valuable unique content. <h3>Calculating weekly income</h3> Here's the running tally, including my wife @MediKatie and our joint account @GirlsofGreen: <sub>Week 001 - 0840 (+ ? ) STEEM (+n/a%) Week 002 - 0848 (+ 8 ) STEEM (+0.95%) Week 003 - 0862 (+14) STEEM (+1.65%) Week 004 - 0868 (+ 6 ) STEEM (+0.70%) Week 005 - 0876 (+ 8 ) STEEM (+0.92%) Week 006 - 0888 (+12) STEEM (+1.37%) Week 007 - 0914 (+26) STEEM (+2.93%) Week 008 - 0929 (+15) STEEM (+1.64%) Week 009 - 0936 (+ 7 ) STEEM (+0.75%) Week 010 - 0953 (+17) STEEM (+1.82%) Week 011 - 0960 (+ 7 ) STEEM (+0.73%) Week 012 - 0966 (+ 6 ) STEEM (+0.63%) Week 013 - 0973 (+ 7 ) STEEM (+0.72%) Week 014 - 0980 (+ 7 ) STEEM (+0.72%) Week 015 - 0986 (+ 6 ) STEEM (+0.61%) Week 016 - 0991 (+ 5 ) STEEM (+0.51%) Week 017 - 0996 (+ 5 ) STEEM (+0.50%) Week 018 - 1032 (+36) STEEM (+3.61%) Week 019 - 1040 (+ 8 ) STEEM (+0.78%) Week 020 - 1045 (+ 5 ) STEEM (+0.48%) Week 021 - 1051 (+ 6 ) STEEM (+0.57%) Week 022 - 1059 ( +8 ) STEEM (+0.76%) Week 023 - 1065 (+ 6 ) STEEM (+0.56%) Week 024 - 1073 (+ 8 ) STEEM (+0.75%) Week 025 - 1079 (+ 6 ) STEEM (+0.56%) Week 026 - 1091 (+12) STEEM (+1.11%) Week 027 - 1100 (+ 9 ) STEEM (+0.82%) Week 028 - 1105 (+ 5 ) STEEM (+0.45%) Week 029 - 1108 (+ 3 ) STEEM (+0.27%) Week 030 - 1119 (+11) STEEM (+0.99%) Week 031 - 1151 (+32) STEEM (+2.86%) Week 032 - 1159 (+ 8 ) STEEM (+0.70%) Week 033 - 1166 (+ 7 ) STEEM (+0.60%) Week 034 - 1172 (+ 6 ) STEEM (+0.51%) Week 035 - 1177 (+ 5 ) STEEM (+0.42%) Week 036 - 1183 (+ 6 ) STEEM (+0.50%) Week 037 - 1196 (+13) STEEM (+1.10%) Week 038 - 1204 (+ 8 ) STEEM (+0.66%) Week 039 - 1220 (+16) STEEM (+1.33%) Week 040 - 1250 (+30) STEEM (+2.46%) Week 041 - 1264 (+14) STEEM (+1.12%) Week 042 - 1287 (+23) STEEM (+1.82%) Week 043 - 1300 (+13) STEEM (+1.01%) Week 044 - 1312 (+12) STEEM (+0.92%) Week 045 - 1323 (+11) STEEM (+0.84%) Week 046 - 1351 (+28) STEEM (+2.12%) Week 047 - 1372 (+21) STEEM (+1.55%) Week 048 - 1394 (+22) STEEM (+1.60%) Week 049 - 1410 (+16) STEEM (+1.15%) Week 050 - 1436 (+26) STEEM (+1.84%) Week 051 - 1481 (+45) STEEM (+3.13%) Week 052 - 1505 (+24) STEEM (+1.59%) Week 053 - 1517 (+12) STEEM (+0.80%) Week 054 - 1529 (+12) STEEM (+0.79%) Week 055 - 1540 (+11) STEEM (+0.72%) Week 056 - 1555 (+15) STEEM (+0.97%) Week 057 - 1576 (+21) STEEM (+1.35%) Week 058 - 1606 (+30) STEEM (+1.90%) Week 059 - 1620 (+14) STEEM (+0.87%) Week 060 - 1631 (+11) STEEM (+0.68%) Week 061 - 1647 (+16) STEEM (+0.98%) Week 062 - 1674 (+27) STEEM (+1.64%) Week 063 - 1685 (+11) STEEM (+0.65%) Week 064 - 1702 (+17) STEEM (+1.01%) Week 065 - 1714 (+12) STEEM (+0.71%) Week 066 - 1722 (+ 8 ) STEEM (+0.47%) Week 067 - 1734 (+12) STEEM (+0.70%) Week 068 - 1752 (+18) STEEM (+1.04%) Week 069 - 1780 (+28) STEEM (+1.60%) Week 070 - 1937 (157) STEEM (+8.82%) Week 071 - 2080 (143) STEEM (+7.38%) Week 072 - 2179 (+99) STEEM (+4.76%) Week 073 - 2334 (155) STEEM (+7.11%) Week 074 - 2368 (+34) STEEM (+1.46%) Week 075 - 2379 (+11) STEEM (+0.46%) Week 076 - 2424 (+45) STEEM (+1.89%) Week 077 - 2479 (+55) STEEM (+2.27%) Week 078 - 2501 (+22) STEEM (+0.89%) Week 079 - 2517 (+16) STEEM (+0.64%) Week 080 - 2535 (+18) STEEM (+0.72%) Week 081 - 2555 (+20) STEEM (+0.79%) Week 082 - 2567 (+12) STEEM (+0.47%) Week 083 - 2580 (+13) STEEM (+0.51%) Week 084 - 2616 (+36) STEEM (+1.40%) Week 085 - 2692 (+76) STEEM (+2.91%) Week 086 - 2746 (+54) STEEM (+2.01%) Week 087 - 2830 (+84) STEEM (+3.06%) Week 088 - 2840 (+10) STEEM (+0.35%) Week 089 - 2851 (+11) STEEM (+0.39%) Week 090 - 2867 (+16) STEEM (+0.56%) Week 091 - 2900 (+33) STEEM (+1.15%) Week 092 - 2935 (+35) STEEM (+1.21%) Week 093 - 2960 (+25) STEEM (+0.85%) Week 094 - 3020 (+60) STEEM (+2.03%) Week 095 - 3069 (+49) STEEM (+1.62%) Week 096 - 3090 (+21) STEEM (+0.68%) Week 097 - 3154 (+64) STEEM (+2.07%) Week 098 - 3211 (+57) STEEM (+1.81%) Week 099 - 3262 (+51) STEEM (+1.59%) Week 100 - 3295 (+33) STEEM (+1.01%) Week 101 - 3322 (+27) STEEM (+0.82%) Week 102 - 3355 (+33) STEEM (+0.99%) <b>Week 103 - 3375 (+20) STEEM (+0.60%)</b></sub> Average weekly growth (last 10 weeks): +41.5 Steem (+1.32%) It was a bit of a slow week for upvotes coming in, and my curation rewards are falling as I power down my STEEM holdings. I also donated to my [MAP] project. This combined for a low income week. Next week isn't looking to be any better. Speaking of next week, it will be week 104, or 2 full years. I've decided this will be my final week of keeping and posting data. I've already got quite a bit, and my analysis of it has answered important questions (like "is it possible to profit on the Steem blockchain by posting quality original content?"). Additionally, I'd like to free up room/time for more salient and diverse posts. My reputation is moving up toward 69, and I'm currently the 1665<sup>rd</sup> most reputable account on the 'chain. As for the ongoing Tron takeover stuff, I've decided to continue to power down all my SP, as have MediKatie and GirlsofGreen. We may continue to post some of our content on this blockchain, but having already lost over 99% of our investment here, we're taking note of the situation and moving what little we have left somewhere safer. <h3>Global economic instability</h3> By the way, there's a lot of turmoil in the world markets right now. It's a crash that has been due for a long time, and it will be blamed on the virus. <a href="https://steempeak.com/hive-195708/@drutter/price-of-oil-crude-versus-cannabis">Oil</a> just plunged to $30, which will have effects around the world for years, but that's not the only thing going on. As I've reported for months, the <a href="https://www.youtube.com/watch?v=1EZaTiFLgbw">repo market</a> continues to collapse behind the scenes, the bond market is in ruins, the <a href="https://steempeak.com/bitcoin/@drutter/what-s-up-with-these-markets">stock market</a> is set to collapse 5% at the Monday opening in 10 hours, global supply chains are breaking down, many parts of the globe are under lockdown or martial law, governments are seizing more power, and banks may have to "holiday" this week. It's not a good time to have anything in stocks, bonds, or really ANY sort of paper/electronic fiat units. Some cash for commerce and paying bills is good, but otherwise, get into real assets, and hold them in your hands (not in a bank or exchange). Cryptos are taking a hit, but <a href="https://steempeak.com/hive-167922/@drutter/gold-bull-market-who-could-have-known">gold</a> just surged to 1700, and the Vix (fear and volatility index) spiked to a level not seen since October 2008 (the Lehman bankruptcy).  This is a great time to own physical silver bullion! It's one of the banks' weaknesses, and has a number of ownership benefits. It's even anti-viral (if you think I'm kidding, you need to look into that)! Let's <a href="https://steempeak.com/banking/@drutter/crash-jp-morgan-own-physical-silver-2020">Crash the big banks by owning silver</a>. And hang in there. Stay healthy, be prepared for whatever might come next, and don't give in to fear. Love, DRutter  Posted via <a href="https://steemleo.com/">Steemleo</a>
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