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RE: Witness Question of the Week
a more timely question would be about how "convert to steem" feature of the wallet is broken(gives you half the steem of sbd instead of 10xish), and what should we do about it.
or, how much do witness price feeds really matter?
or, what are the downsides of a highvalued SBD.
Does supply vs demand dictate that sbd will have high value, since it has a much lower supply than steem?
The convert is not "broken" it is intended for SBD to be pegged at $1.00 so when SBD is over 1.00 please DO NOT DO NOT use convert. ONLY use MARKET or send to an exchange
I expect he will ask those and more, but had to start somewhere?
think this is actually getting dialogue going which would be the whole point of this to begin with....seems that the intention is good and seems to be opening up some type of interaction
muy bien
I intend to throw bigger and bigger hardballs.
I like your last question the most. Its supposed to be pegged to the dollar but it does have a smaller supply. We may never see sbds this high again. Or we coukd never see it dip below $1.50.
We are currently producing between 20,000-23,000 SBD a day, It may help to increase supply. I am not sure right now. There has been a LOT of disucssions about SBD the past few days though.
You can go here to see how many SBD, SP and Vests are created each day https://steemdb.com/api/rewards
Saving that link. Is there a way to affect how many sbd can be reduced or increased?