After reading about the next hard fork (0.16.0 release) being delayed until at least 6 December 2016 in the Daily STEEM Report by @elyaque I decided to do another Power Up of SP.

Created Using MS PowerPoint ClipArt

Why?

When I visited steemd distribution I noticed the price for 1M VESTS was around $48 USD. The current inflation rate of STEEM will not change to 9.5% APR until at least 6 December 2016. Now is a good time to Power Up to take advantage of the current inflation rate to increase your STEEM holdings even more. That is why I powered up today.

Snapshot from steemd

Also with the next hard fork you will be able to Power Down in 13 weeks instead of the current 104 weeks. My thinking is that a lot of STEEM could potentially hit the market at the same time up to 13 weeks after the hard fork. And that would drive down the price of STEEM to attractive levels. I still plan to pick up some more STEEM in the next 13 weeks too. I am not a trader, I am an investor. In my opinion SteemIt is a project I want to invest in.

And finally, it will be advantageous for blogging and curating to have a good number of VESTS now and after the hard fork. In my opinion, there is the potential for the price of STEEM to rise over the next year. A rise in the STEEM price will drive up the cost of buying VESTS.

Calling All STEEM Power Rangers

Take a moment to evaluate your situation, look over the facts, and you too may find that it is a good time to Power UP!