Some changes were made.

There were wrong values, instead of 50 it was 0.5 and then it dropped.

But it is picking up again.

Flipping between tabs on my browser. Connected using Scatter. Was doing well on buying and selling RAM on the EOS blockchain. Then a post from EOS developer Daniel Larimer, there was a setting that needed to be set at 50, but was locked in at 0.5, it would stabilize the price of RAM. When I read it, I immediately knew this was bad news, no FUD {Fear, Uncertainty, Doubt}, but fact. Would that be bad? No, of course not, we are all rational investors, speculating on the demand for EOS blockchain RAM. Let the market decide man, it shall speaketh. And yes, it did, panic hit hard. It dropped by more than half, within a day. Okay the settings were wrong, if the Block Producers ever be so kind to change the settings for the RAM market by a factor of a 1000!? Well, than a drop of more than half aint not even that bad, I guess...

Well, one stupid thing I did was that I got cocky. Just invested a few EOS on RAM and got a nice return. Cashing in and hey, why not risk it all. Well almost. And it was going great, it looked like I was going to get at least a 135% return within a day. Not bad after all the red candles that got my portfolio down by almost 80 percent, since the last All Time High {ATH}. It looked to go my way, but overall this already had been a crap day from the moment I woke up. Should have sold most of the RAM right away. Now I do not really know what the 0.5 reset to 50 was supposed to do, because I skipped through most of the Medium post by Dan the man... Because I read just fast and roughly through the lines and I knew instantly this was his nice way of stating that there was something wrong with it. The price of 1 KiloByte RAM got up way to high. And it needed to be corrected. Not happy about it though I do understand that this is why profits wend up as crazy like they did.

It sucks bad nonetheless! Even though it seems that indeed the price has stabilized, but at a way lower level than I bought. If something looks to good to be true, it often is. So, I do blame myself on this one, because I risked it almost all. Just a few EOS that I kept safe, just in case I needed to start from scratch. And it is not that bad. Currently I am doing my best to break even when I sell the extra RAM I bought. That means sitting in a warm home-office, after quite a shitty day, staring at a screen, waiting for the right price to come up and jump in. With a risk to end up lower or a bit higher. Not my idea of an ideal summer-evening. And while I am writing this post it seems that the EOS blockchain RAM market is willing and able. That could mean the sell panic is over and things start to get back to normal. Had created quite a few accounts though that also have some RAM left. So, all in all it aint half bad. It is a learning proces and usually that has a price tag attached.

Did you already got into the RAM game on the EOS blockchain?

Have a great one!

Ooh nooo, just mist it, while writing this post...

Screenshot taken at https://eos.feexplorer.io