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RE: STEEM/SBD Prices are falling down what is the issue!!?...the steem team must do something immediately

in #bitcoin7 years ago

A STEEM witness is a person whom operates a witness server (which produces blocks), and publishes a price feed of STEEM/USD to the network.

Witnesses have many tasks. The first and foremost is to produce blocks (thus process transactions), the second most important is to produce a price feed, which is how STEEM Dollars are always worth 1 US Dollar in STEEM (using the 7 day exchange).
@baah

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That's great, what does that have to do with either of my questions?

why, because some hearsay from poloniex?

I don't understand what you want the developers or other people to do, what is the goal and how would they go about achieving their goal?

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