No more SBD?
Hi Steemit
I haven't received any SBD for a few weeks now, I got only SP and Steem. Anyone know why? Maybe i am missing something
The price is getting above 1 dollar again
Thank you
Hi Steemit
I haven't received any SBD for a few weeks now, I got only SP and Steem. Anyone know why? Maybe i am missing something
The price is getting above 1 dollar again
Thank you
@djohan,
SBD TOTAL SUPPLY - 15,511,041
STEEM TOTAL SUPPLY - 292,090,882
SBD TS / STEEM TS = 0.053
That means SBD Total Supply equals to 5.31% of STEEM Total Supply!
So, in HardFork 19 it has a constrain:
If SBD Total Supply is less than 2% of STEEM Total Supply, all print in SBD!
If SBD Total Supply is greater than 5% of STEEM Total Supply, all print in STEEM!
Until SBD Total Supply becomes less than 5% of STEEM Total Supply, SBD will not print again!
Cheers~
thank you theguruasia, very good explanation
Thanks for explaining this. Figured it had something to do with the low steem price.
https://steemit.com/steemit/@dragosroua/why-payments-in-sbd-stopped
He writes a lot about the mechanics of the blockchain- great read and short too!
thank you for the link hotsauceislethal
I don't know the answer man but i prefer get steem and sp because are the same coin and you don't have to divide your reward in 3 things. Regards
thank you dim753, yes it should be the same, and Steem can be sold or make as Power up
Yes! It’s demand and supply rule. The advice given to me was to power up during this time!
Cheers.
thank you kaminchan, yes Steem is lower than SBD, so better to load up on Steem
Hello @djohan, I don't mind why SBD removed from our payouts. I believe in future SP more valuable than both Steem and SBD's. Everyone received only steem and SP within few weeks.
thank you madushanka, yes Steem more useful as can be used to power up
Few months ago only sbd was receiving and now only steem is receiving .
thank you spiritualpower, yes must be because of the current price
Same thing happening with me . But I can't understand it .
thank you pardeepkumar, i think because Steem is lower price than SBD now
Right now payouts are only coming in steem due to the printing rate of backing it up to the peg near to the dollar mark
thank you blazing, after reading all the comments, i now understand. Yes SBD is pegged to 1 dollar and Steem was under 1 dollar
I also received only steem
thank you anikearn, i think we will get SBD soon as Steem is almost back up over 1 dollar again
Same is happening to me as well.
Maybe it's the way this works.
@theguruasia had given a good explanation. Thank you
thank you wa2qr, yes now i understand after reading all comments