Steem dollar policy update and warning to converters

I am in agreement with the thoughts behind abit's comments

With the same goals I will be adopting a similar but slightly different policy, where I do not set the bias automatically, but I will set a high to very high bias as long as SBD is above $1 and SBD new supply is significantly reduced due to the immediate and longer-lasting-than-expected effects of HF18. Unfortunately a developer error in implementing HF18 has had the unintended consequence of destabilizing the SBD market, and these extraordinary measures are now needed to minimize the disruptive impact of that destabilization.

Those considering using the conversion function to obtain STEEM from SBD are advised not to consider not doing so as long as: a) SBD is worth more than $1, and b) a high bias is being used. If you do so you will risk receiving less or potentially even much less STEEM than if you sold or SBD using either the internal market ("Currency Market" in the menu) or receiving less value than if you sold it on an external exchange.

The proposed changes by @steemitblog are supposed to have the effect of helping the reward pool recover from the earlier error more quickly. Assuming those changes are implemented these measures may become unnecessary. We shall see.

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voted you as my witness man!!! great job

Thanks for the follow up on Abits article and advice.

Nice info..

@smooth.witness FYI: My article proposing a fix for the SP Delegation Loophole. Hope it helps. Followed. Voted! https://steemit.com/steemit/@cyberspace/proposed-steemit-fix-for-steem-power-delegation-self-voting-loophole

@smooth.witness My critical blockchain intel analysis and report on EOS's possible disruption of Steem and Bitcoin. The Steemit Inc 2017 Roadmap and Steem-Dev priorities may need to be rethought and reset to address what appears to be a real threat - unless Ned worked out something with Dan that is going to keep Steem's head above water?
https://steemit.com/steemit/@cyberspace/the-new-eos-platform-will-disrupt-steem-bitcoin-ethereum-and-all-1st-generation-blockchains-and-cryptocoins-guaranteed

hi, I voted you as my witness, wish you help increase my rank , thank you .

Hi .. I'm new Here, I need a push , thank you for up vote this post

This is a great article, 😉 Regards @atjehsteemit

Thank you and I am new and am still thinking about my options. I have only about one SBD. I joined Steem last week but I really do want to try to master it like a game.

hello @smooth.witness, I am @princessjoyesto, I want to inform you that i voted you as my witness, thanks in advance for accepting me to do so. God bless.

i would like to bring witness t0 me ye i.d. 0 w/(h) e (a)d https://steemit.com/g0fig/@xubrnt/ned-steemit

i voted for you and you should also vote for me.

Hi smooth,

Just discovered u. Following. Much success to you.

Hi smooth.witness, nice post.. Congratulation for getting my vote as witnesses.. Keep it up with the good work and making steemit a better place.

Greetings, @smooth.witness,

Please pardon this 'off-topic' comment as coming from a Steemian who cares deeply about the platform and its future success.

I'm here to ask: When do you plan to adopt Steemit condenser version 19.10?

I encourage you, as a "Top 20" witness, to lead the way. Please update your witness node to 19.10 at the earliest possible opportunity, so that its much needed and long awaited features might be released as soon as possible for our use and enjoyment.

Thank you kindly in advance for your prompt action in expediting this matter.

Your fellow Steemian,

@creatr

😄😇😄

@creatr

i'm your witness o.Ob