Steem experiment: Burn post #133

in steem •  6 months ago

Burn post for May 28. Rules and update

To provide additional support, vote for the comment below. Another method is to vote for the proof-of-burn comment added after 7 days.

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Just wondering, wouldn't selling SBD into Steem to get SBD back to the $1 peg reduce ROI for investors, thus reduce the price of Steem?

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Has this been successful thus far?Place holder. (This is helping SBD correction, which is good for Steem).

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I wrote a recent comment about that but I can't find it. We've sold a lot of SBD and bought about $100K worth of STEEM (it is worth less now since the STEEM price has dropped). The SBD price is well below $2 and nearing $1 for the first time in months. Can we take all the credit for that? Certainly not, but it probably does make some difference. And we have certainly helped fighting spam with delegations to spaminator, mack-bot and broombot.

upvoted dear

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Urs welcome :)

Proof of burn

Author rewards:
146.045 SBD, 2.880 STEEM and 61.662 STEEM POWER for burnpost/re-burnpost-steem-experiment-burn-post-133-20180528t123523400z
205.171 SBD, 4.045 STEEM and 86.626 STEEM POWER for burnpost/steem-experiment-burn-post-133

Sold 351.216 SBD for 251.378 STEEM on internal market

https://steemd.com/tx/57e399474332d90fb183dd1111a149c0d4a0acf4

Power up of 258.303 STEEM since SBD > $1 (+6.925 STEEM reward)

https://steemd.com/tx/0b96d0d509032d0088bc40d6b906156081a8f7c3

great

I think I might need a little bit of education since I'm new here

I think it's very good, and can be for us to learn it

Buuurn baby Burn

I think I might need a little bit of education since I'm new to this particular service

Lovely service i love your service..upvote from my side🙂

Continue the great work on the experimental and the burn-post @burnpost best of regards

Very good post me gustaria that you were supporting me with an UPVOTE to continue growing @adrianrafa

Rewards from this comment will be used to curate minnow posts to help grow steemit. When new users grow we all grow.

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Yeah, that's the plan and as the famous Ned Kelly would say such is life

Fallow My channel :)

Go ahead for friends to burn

You got a 38.14% upvote from @upmewhale courtesy of @smooth-b!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

I think I might need a little bit of education since I'm new to this particular service