It's obvious that I'm bullish for PAL, I've been writing about it for the past few weeks. I really applaud the things they've done and have been improving in PALnet. It's a fresh new start for anyone who wanted to. As for my case, my intention is not to have a reboot, I'm simply diversifying my asset and and extending my reach in the Steem ecosystem.
I'd like to call Steem & PAL as part of my asset, everyone who hold should call it that way. It's ever growing even if you sleep. And it also has an earning potential if utilized well.
Yesterday, I converted my liquid Steem earnings to PAL. The price of PAL when I bought it is around 0.42 steem/pal. It's is still considered cheap thinking that PAL could match steem 1:1 in the near future. There could be a possibility that it could go beyond 1 steem, not sure about it, I may be too optimistic about it.
From my base PALpower of 1600, it grew to 1642 PALpower in a day. The converted liquid steem earnings plus my PAL earnings resulted to 42 PAL.
With this PALpower level I could be one of the Top 200 PALusers. That's the beauty of it, there are not many high-stake users that are competing for the curation rewards.
PALnet is the early days of Steemit without the Ninja-mined stake. PALpower at this point is not yet diluted and still has a greater value than Steempower. Should I wait until everyone is powered up in PAL before I staked myself?
I see this event as a unique opportunity that I missed out for Steem, so I'd like to make sure that it won't happen in PAL.
Cheers!
Disclaimer. This is not a financial advise. Convert your steem/SP to Pal/PP as your personal decision & be aware of the potential risks. Please do your own research before you decide to do so.