SBD Is Printing Again! - Conversion Process? 478
According to steem.supply SBD is now printing at a 60% rate up from 1%. It looks like I am getting more rewards in SBD. I think this is bullish for the Steem blockchain.
Since SBD is still below $1 I wonder if we should be doing the conversion process to convert it to Steem? It's almost at 91 cents right now.
I guess yesterday the print rate was raised to 33%.
SBD Rewards Are Back, SBD Printing Rated Increased To 33%
I think this might explain how to convert.
SBD Conversions Are Profitable Again! 10-15% Every 3.5 days!
Sunday 1-20
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it is a good news indeed, now the printig rate is at 90+% but why you think it is a bullish signal
100% now!
It shows the price is rising and I think it will help increase rewards and boost the price even more.
why is this exactly good news?
It shows the price of Steem is higher and I think it will increase rewards which is also good. In addition I think it's a change that might help trigger more buying which will also help raise the price and also increase activity.
I See, thx for explaining, always thought the reward would be identical, and sbd always requires one extra transaction...
Yeah you would think but I guess the SBD pool is theoretically unlimited. It will be interesting to see what happens if Steem gets back up to say $5 or more again.
If you still have to convert SBD to Steem, it might be a good idea not to wait with it. Suddendly the supply is increasing again, so the value will go down vs Steem.
I would probably convert now since Steem is going up in value. If you wait you will get less.
I noticed I got some SBD today as well.
Its nice seeing SBD nearing the $1 mark again but I want Steem to stay low for a few months before going on a run.
I don't think it is going to be this low for much longer. I wouldn't be surprised if we hit $1 Steem in March.
Agreed, I predicted last year that we would have a recovery late first quarter of 2019.
Oh yeah don't cryptos normally do well in the first quarter? I think there's a rally when the Chinese get back from their new year or something.
I have no clue ... I am not that well informed when it comes to crypto.
Wouldn't SBD go down in price vs Steem, since we are now increasing the circulating supply of SBD?
That would make sense but it seems like when the price of Steem goes up SBD follows.
OK, but does the price of Steem go up more in % vs SBD?
Yeah SBD shouldn't ever go much above $1 althouh it has in the past. Steem has way more upside potential.
Good news!
Interesting article!
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