Its been a long time coming...
Its been a while since we saw this but it had to happen sooner or later...
At last SBD is back up to $1, I wonder how its going to perform from here on out.
Seems like the background initiatives are working out.
Thanks to @mauricemikkers once again for...
http://www.steemdollar.com/
https://steemit.com/steemit/@mauricemikkers/announcing-the-fist-steem-dollar-ticker
@gavvet I thought the SBD was to be pegged to the US Dollar with a price ranging between +/-10% of that with an accrued interest rate of 10%. I could be wrong but I thought it was something close to this, and hopefully that is what it should do from here on out unless the rules have changed for this too.
As SBD matures and is more frequently traded (greater liquidity)we are likely to see it ranging closer and closer to $1... the 10% swings are still to large at the moment. It should go down to only 1 or 2 perhaps 3% swings hopefully in the future...
I hate the fact that I now need to wait 30 min to vote on this.
i'm sorry to be ignorant about this, i've had a 3 months long "away from steem time", and just started to come back, what do you mean by "needing to wait 30 mins to vote on this" ?
There is a very strong curation reward multiplier that makes u have to vote within 30-60 minutes after an article has posted....so if you play the reward game u can only vote within that timeframe.
You can also decide not to care about this and vote for a good post whatever the timeframe. Nothing prevents you from voting for posts even past their first payout :)
That is correct. I can always ignore the financial incentives. And I often do. However..... the design of the system is so that I do not vote on things that i like but what i think others will vote for and only if i catch it within 30-60 minutes.
This is at the end of the day up to you. I personally just vote for what I read and like. My personal taste :D
you don't
curation rewards are maximized 30 minutes after a post has been created. So you need to vote between 30-60 else your vote is not much worth. That is of course if you care about curation rewards.
A relief indeed!
Excellent information @gavvet thank you very much
This post has been linked to from another place on Steem.
Learn more about and upvote to support linkback bot v0.5. Flag this comment if you don't want the bot to continue posting linkbacks for your posts.
Built by @ontofractal
Happy to see the SBD is doing better, and paying in back as well.