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RE: If You Want To Push Steem Dollar Down To Parity With The US-Dollar, You Need Helicopter SBDs!
3 months ago Fill convert request: 15.000 SBD for 14.409 STEEM
This is the last time I used the function, unfortunately I don't remember the prices etc.
I think we already had HF19 back then or not?
This is really confusing right now...
3 months ago the function was still there. It got removed in December 2017. The ratio was about 1.2 Stem to 1 SBD and 1 SBD was worth 1 US-$. This went out of hand at the end of November when SBD suddenly jumped up.
Now I see that they removed it...
But I believe that this is only an UI change so that people stop loosing money, if you look at this post there is still SBD converted to Steem.
The ratio also isn't fixed. If you received 1.2 Steem for one SBD that just means that Steem was worth around 80 Cents. For the Steem blockchain it doesn't matter how much SBD is actually worth, it is treated as one USD.
Yes, I think it's just a surface thing, but that's all it needed.
Yes, it's good to know that people aren't loosing their money through that anymore.