✴️ HOW LONG WILL STEEM DOLLARS (SBD) LAST ABOVE $1? IS THE &quot;GRAVY TRAIN&quot; OVER?

journeyoflife (67) · 7 years ago

This is why I switched 96% of my sbd to Steem

$2.44

6 votes

stackin (78) · 7 years ago

Make it 97% jk 😂🤣

$0.00

senseicat (72) · 7 years ago

I think that SBD will continue to do well and it would make sense that it will actually rise further if Binance adds it along with STEEM.

$1.51

6 votes

tolkatore (55) · 7 years ago

I'm pretty sure it would just make sense for Binance to add the Steem Backed Dollar, so expect a super pump to follow if or when they do!

$0.46

teutonium (62) · 7 years ago

Lets just hope that actually happens!

stackin (78) · 7 years ago (edited)

Hmmm, if SBD goes on Binance... I can see it making crazy gainz for a while lol

melpost (48) · 7 years ago

Hope they do add STEEM

$0.00

inkyy (28) · 7 years ago

Hi. Welcome to steemit family.

$0.00

williams21 (8) · 7 years ago

Yea it would really rise up if added alongside steem

$0.00

sevenseals (58) · 7 years ago (edited)

I think the only reason why SBD is not yet on its way back to $1 despite the high inflation rate is that it is easy to pump.

I'm always happy when SBD goes up, but I don't forget the high inflation rate of SBD.

Chart is included in my weekly steemit statistics:
https://steemit.com/steemit/@sevenseals/steem-statistic-charts-week-06-country-statistcs-included

$0.93

10 votes

fitinfun (71) · 7 years ago (edited)

I have no money to invest here. I feel like my blog posts are a "mining" tool for sbd and steem and try to post 2-4 times each day. I also spend a lot of time commenting where I get rewarded at times by the post authors.

This is the only way I can enter the crypto space and I am so happy steemit has done this for me. I try to "ignore" the price since there is not one thing I can do about it. So far, this is the most I have have been paid for my work in 8 years of doing it, so I am very grateful to be here.

$0.91

8 votes

tolkatore (55) · 7 years ago

So far, this is the most I have have been paid for my work on 8 years of doing it, so I am very grateful to be here.

This is a story that should be shared more often, and I really hope you make it far here on Steemit, and in the content creation community as well.

$0.63

4 votes

fitinfun (71) · 7 years ago

Thank you! I have many content creator connections and have been relentless in trying to get them here. Few are up to the effort, but I have gotten a some when they see my results :)

$0.45

tolkatore (55) · 7 years ago

I think of all my friends, and then I think about how lazy they all are, and then I'm like: Well, I'll tell them about Steemit, and if they join they join.

$0.39

fitinfun (71) · 7 years ago

I have a few sticking it out - most gave up after a week or never posted after getting the account. At least they are set up for future.

$0.35

tolkatore (55) · 7 years ago

Keep fighting the good fight, and hopefully they come around... for their own sake.

$0.36

jahangirwifii (66) · 7 years ago

😃😃😃😃

$0.00

stackin (78) · 7 years ago

That's a great concept "Mining Tool" to generate some tokens! It also beats out what a bank account gives us... absolutely nothing lol 😄

fitinfun (71) · 7 years ago

I got this thought from the faucet idea. I've posted for free on many platforms. Now I post here and share to those places. I am thrilled with the result.

I have not seen good payouts from a bank account since the 1980's!

rebeccabe (63) · 7 years ago

@fitinfun we are grateful you are here. Good morning from the heartland of America.

fitinfun (71) · 7 years ago

Hi Rebecca! Thank you so much. Glad to see you and I still in Thailand :)

$0.00

lucylin (67) · 7 years ago

..and life is nice when SBD is around $6!! ( or more..)

$0.06

fitinfun (71) · 7 years ago

lol - Bring it on! I'm happy to see it nudging $5 again.

$0.00

pixelprince (39) · 7 years ago

That's a very insightful post - It's awesome be witness and be a part of early stages of blockchain tech and embracing the benefits of new tools. Glad to hear it's working for you!

$0.00

tolkatore (55) · 7 years ago

Steem Dollar to the Moon first, and then I will sell it for more Steem, and then convert that into Steem Power baby... so I hope this train lasts and lasts for as long as possible! 🐳

$0.57

3 votes

stackin (78) · 7 years ago

I like to call SBD THE “Gravy Train” 😂🤣

$0.44

tolkatore (55) · 7 years ago

Count me in on that train! 🐳

$0.40

williams21 (8) · 7 years ago

Am on already on board in this train

$0.00

skybreaker (44) · 7 years ago

I think SBD could stay above $1 quite easy if the bidbots and other services stay around and continue scaling up, because that's about the only reason people sell steem for SBD.

$0.40

3 votes

artedellavita (64) · 7 years ago

Couldn't agree more with your post friend! We can't afford to slack and not post nor should we not power up at least half of our Steem!

$0.30

jaquith (47) · 7 years ago

Upvoted 100% and Re-Steemed, I am enjoying the ride with Steemit, but I am sure I could have made a lot more money, by doing things a bit different and learning the platform a little better. Thank you for your content though, I have learned a lot from you.

$0.29

3 votes

shoukath (31) · 7 years ago

Yes you are right and expecting help from you for newbies here.

$0.00

taskmaster4450 (78) · 7 years ago

Absolutely correct. It takes a long time to amass any SP when the SBD is a dollar. People right now are getting paid 2-3 times what the normal payout would be. This is a huge bonus for authors.

Couple that with the fact that there are going to be a lot more authors on here down the road, meaning the reward pool will be spread over more people, and I foresee a day when 500 SP is considered a huge amount.

Powering up is the only way to go for now (if one can afford it).

$0.25

4 votes

funkylove (54) · 7 years ago

You said it all here.

Powering up is the only way to go for now (if one can afford it).

Is not easy to power up if we focus on the number of Dollars one can get from 1 SBD when one have alot of expenses to incure but all the same the wise will keep powering up for rainy days

$0.08

steevc (73) · 7 years ago (edited)

It's harder to earn than it used to be. My rate of income has slowed, but I'm still powering up. I'd like to see SBD go back to $1 so people use it as intended, to buy stuff. We have benefited from the high price financially, but I don't think it's sustainable

$0.24

4 votes

funkylove (54) · 7 years ago

You are right here. There are many merchants that are scared due to the price that is not stable. Even as regards the rewards, many authors find it difficult to even earn from their posts as many prefer to upvote themselves rather than share it with other steemians due to the high rate of SBD. Though it is wise to power up

$0.14

azizulhassan (65) · 7 years ago

well i think it will gonna go up ... soon

$0.23

lost108 (66) · 7 years ago

This is a very strange phenomenon, as you can see on SBD chart the biggest SBD jump was on 22 May 2017, the price per SBD jumped to 22$, I think that was just a simple investment from some whales to see how they can interfere with the SBD price. You are wondering why did they do that, well I think they do that because once you increase the price of SBD the Steem price will follow for sure, because a lot of people will be trading SBD for Steem in the internal Steemit market which will result in increased Steem value, they do that because they already have a ton of Steem and with 1$ current price its not much, but if they can increase it to 3-4 their profit will triple. I don't see SBD price will get back to 1$ soon, I think we may see a long term price hold from 4-6$ per SBD, depending on current market cap and crypto dips.

$0.22

bitgeek (62) · 7 years ago

Congratulations @stackin, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 379 and the total pending payments to posts in this category was $9279.64. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

$0.19

chesatochi (72) · 7 years ago

This is the best thing to do at the moment is to boost the Steem Power.

$0.17

stackin (78) · 7 years ago

Accumulate the precious “Steem Power” 😬😅

$0.00

josediccus (75) · 7 years ago

SBD is tantamount to continue doing well only some factors may undermine this, for example, investing into the coin may continue make it booming and also if more people continue to take it into coignisance and recognise it as a potential

$0.14

leahlei (57) · 7 years ago

Take it from @stackin Steemians! You have been very helpful to newbies and Steemians alike, thank you for always giving us awesome advice to grow on this platform! :)♥ You're the best @stackin! :)

$0.14

stackin (78) · 7 years ago

Such kinds words, apppppresh @leahlei! 😀

$0.00

adnanrabbani (70) · 7 years ago

Excellent post well i think it's just a matter of time when peoples know about sbd us just an internal currency peg with US$ and then i am sure all momentum will be shifted back to steem, so i agree buying sbd with steem now is a wise decision and it will pay off soon.

$0.13

stackin (78) · 7 years ago

Totally agree, not sure when but times are good right now for all the authors :)

kryptocek (53) · 7 years ago

Haven't withdrawn once yet, and every day I keep 'STACKIN" my SBD & Steem into Steem Power. I do believe it'll get harder and harder to accumulate and luckily we're already here beating 90% of people to this wicked platform.

cryptokeepr (61) · 7 years ago (edited)

That is great advice. I've honestly used quite a bit of the funds from my SBD to buy other coins (BTS, EOS and a few others) and have saved a little bit of it for trading for STEEM and power ups. I need start accumulating STEEM power again like I was back in the fall when STEEM was only a dollar and I was buying 200 or more STEEM / week and powering it all up and taking the 100% option on my payouts. I guess I got complacent when I hit about 5K steem power. That complacency needs to end.

I have noticed it is getting harder to earn steem power because the rewards are misbalanced but like you said, there is a fix, just do the 50/50, trade those SBD for STEEM and power it up.

I have 6100 now and I'd like to have 10K by the end of the year if not sooner. And yeah I don't know how long this gravy train will last as the supply of SBD has increased over 5 fold to my knowledge and I think it's an attempt to get the SBD back to its intended peg, but it's taking awhile...

On a separate note, do you live in Vegas? I'm out there about once a year to visit my Dad and Step-Mom...

shabana1234 (57) · 7 years ago

sbd is again came to their previous price it is good news for all steemains 🙂

stackin (78) · 7 years ago

It can go higher, if it does... can you say more "Gravy" LOL

$0.00

blazing (70) · 7 years ago

it was the best time to take advantage in the decemeber can't forget that month forever :D sbd pump up hitted to the roof :D

$0.09

stackin (78) · 7 years ago

Might pump again 😂

$0.00

atomcollector (68) · 7 years ago

As a newbie that was a fascinating read. I din't actually think about the fact that it could get harder to buy STEEM if the price came down.

Luckily I have been using every single bit of my earnings to power up as I am in this for the long haul and want to invest now and also use it to help other musicians that I am bringing on to the platform.

Hmmmmmm, food for thought indeed!

Thanks!

stackin (78) · 7 years ago

That’s what I did for 6 months on Steemit when I first started, I put everything back into buying Steem. I do take profits here and there after I did that, it was a great decision to powerup in those months 😀

$0.00

atomcollector (68) · 7 years ago

I will hit 500 today so I believe that means I can choose how much to allocate to a resteem. As we have a growing network of musicians I can now spread the love!
So I am recommending that everyone who I invite here tries to aim for that at least so we can all help each other.

$0.00

trendo (58) · 7 years ago

Yeah it's really great for authors when everyone is earning way more than usual. I think it's also great for making Steemit more popular, because the rewards are definitely attractive to everyone and more people are joining in because of that.

stackin (78) · 7 years ago

It’s atteacting more people than every before, getting kinda crazy here 🤣

$0.00

achainblockchain (45) · 7 years ago (edited)

@greatvideos Here
Sbd is Amazingly good for Promoting Steemit.com
Earn 4-5x more than it shows!

Keep it up mate
Follow you with this account as I am hard at work creating a small community
Have a great time Steeming!
Resteemed

spirits4you (57) · 7 years ago

I actually doubt it gonna decrease that much any time soon... especially having in mind that a lot of new people joining steemit day by day and I even know quite a few being even willing to invest their fiat into that...
This being said I believe that SBD has to be given even more of a usecase e.g. being adopted as a real currency to pay with. A good example for that is already #steembay. The more it will be adopted the more likely we will have a strong SBD above 1$ ...

.. and as always: we should actually 10X that :)

rebeccabe (63) · 7 years ago (edited)

The best way to convert to Steem is the internal market, right? I mean if you sell for a profit and then decide to buy Steem dollars to convert to Steem you will have to pay the high prices. Is there any other way?

I have never used Block Trades and want to keep my SD in Steemit. I have bought steem when it was REALLY low internally on the market but and wondering about any other way of converting to steem.

fitinfun (71) · 7 years ago

I compare the internal market to Blocktrades each time before I trade. So far, the market has always been the best rate - over every single trade I have done.

$0.08

rebeccabe (63) · 7 years ago

thanks

$0.00

stackin (78) · 7 years ago

The best way to convert SBD to Steem is the internal markets. You can send SBD to an exchange like Bittrex if you want and then Buy Steem. You can use blocktrades also :)

$0.00

rebeccabe (63) · 7 years ago

thanks!

$0.00

bitcoinflood (77) · 7 years ago

I second you should be powering up everything you earn right now. Who knows how long the getting is going to be good around here but these are massive rewards happening right now with SBD. For myself I power up or reinvest 100% of everything I earn on here in some way. I don't plan on cashing out for a good while say the 50k Steem power mark . Keep STACKIN!

gadrian (66) · 7 years ago

This post is a good wake-up call for me, thanks for it! My plan is to power up everything, but the little SBD that I have right now I had planned on keeping for a few days and change it to STEEM all at once. However, now I've decided to make regular exchanges, just in case the price of SBD drops (to more sustainable levels).

emmyem84 (56) · 7 years ago

Gotta get while the gettings good! 😂 that must have been amazing even sbd was $14! I only joined about 2 weeks ago, I’m kicking myself for not joining sooner when I had been lurking here for months beforehand 😭

shabab1 (34) · 7 years ago

thats great advice there ..especially for newcomers like me ...appreciate it

markzuckerbergs (56) · 7 years ago

Yes you are right we need to make some profit before the opportunity is gone.
i missed the time i heard that sbd rose upto 14 $ in decemeber and i joined in january. I think that hight price is good for everyone but still witnesses want to enforce it 1$.

$0.04

stackin (78) · 7 years ago

Yeah, it was for a few days but lots sold daily when it was rising to $2 then $4 then $6 etc... etc... so lots of people didn't have lots of SBD when it hit $14 unless they got it that day :)

$0.00

rejoiceavl (49) · 7 years ago

I don't know when it will go back to $1,i don't know think it will and I don't want it to 😂

stackin (78) · 7 years ago

Yeah, no one wants it to go down lol

$0.00

diya28 (53) · 7 years ago

sky is falling or upswing?

stackin (78) · 7 years ago

No one knows, I'm just using Steemit as a social media platform and everything else is extra 😆

$0.00

beautypics (61) · 7 years ago

👍👍👍👍👌👌👌

stackin (78) · 7 years ago

😎🤑

$0.00

gloeze (54) · 7 years ago

Thank you for the advice. Using sbd to buy other cryptos like ETH, Is it a good deal. Nice Sunday too @stackin

stackin (78) · 7 years ago

You should switch ETH to EOS at least lol

$0.00

gloeze (54) · 7 years ago

$0.00

mathemandy (55) · 7 years ago (edited)

What happens to those that earn less than 0.10 on their post?? 😂

stackin (78) · 7 years ago

They have to learn ways to tons of new Steemian Friends lol

$0.00

mathemandy (55) · 7 years ago (edited)

Lol, you can be my friend if you don't mind :), I'll really benefit

$0.00

cjao20 (49) · 7 years ago

Yes, I definitely think you're absolutely right, we should buy Steem with a part of the SBD because it's important to stay strong in powering up. Good reading of the moment. Thank you. Greetings.

stackin (78) · 7 years ago

Totally, it’s like a huge savings account and prevents people from selling based on emotions lol

$0.00

chigozie (26) · 7 years ago

The value of Steem dollar will be on the rise for a long period. Africa is a large market, especially using Nigerian population.

What do you think that will happen to facebook and other media platform that does not reward authors like steem?

The future of Steem is limitless

stokjockey (70) · 7 years ago (edited)

Charles @stackin I agree with you on Powering UP the SBD's to STEEM POWER. I just want to throw in my two cents on using the BOT's with SBD if you really do the math I would say a lot of the BOT purchases are not that great a deal. Maybe I am wrong about that but I don't think so.

cryptosenpai (56) · 7 years ago

Take this with a grain of salt but imo the next SBD pump will make the last one in December look like a joke.

biga3723 (39) · 7 years ago

There is a Tech youtuber that licks a gpu when he gets donations and I’ve talked to him a few times about joining up on Steem but he claims it’s a waste of time and just like all the sites that try to compete with YouTube or Facebook, will fail. I’ll keep trying because I believe in the platform and actually paid for all my steem, but it may just take steem existing and continuing to thrive for the holdouts youtubers to join. Then again, maybe he just doesn’t like money? Lol

$0.00

kamchore (70) · 7 years ago

Thanks for your advice, but i think it will definitely go up again. keep sharing:) @stackin

$0.00

shoukath (31) · 7 years ago

Yes you are right sbd and steem are hiking day by day!
It is the cause of happiness for all steemians!

$0.00

joeyp978 (41) · 7 years ago

$111.15.

Cardone on Steemit, eh? Pretty cool, I like his stuff. Thanks for the contest, hoppe I can do well!

$0.00

farbian (37) · 7 years ago

What do you think is the very best strategy for beginners like me? Thanks in advance :)

$0.00

ivonne (56) · 7 years ago

As a newcomer I like it, if SBD will rise up more than STEEM. In this case I can buy more STEEM with my SBD to "power up".
Best regards

$0.00

mdmunna (46) · 7 years ago

I think, when btc $ 1000. then it will go back to $1.......

$0.00

sheikh27 (61) · 7 years ago

now it is going all ovet up&down in crypto market for volatile and versatile of SBD.

$0.00

nikkijmurphy (48) · 7 years ago

Nice post @stackin I'm pretty new on this platform and to cryptocurrency, I'm reading all I can to better understand Steem, your post has helped immensely :)

$0.00

funkylove (54) · 7 years ago

I know SBD is doing greatly well now. The authors are making it big.
To me SBD will still go a long way high but it will keep discouraging some merchants due to the instability in the price.

$0.00

buildawhale (74) · 7 years ago

You got a 4.17% upvote from @buildawhale courtesy of @stackin!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.

If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.

$0.00

acrowland (42) · 7 years ago

so I am just learning how the power ups and steem works. I have a small amount and I do not really know how they work and what amount should stay in steem and what amount I should power up. Any help would be welcomed for a newbie / minnow

$0.00

sinner (50) · 7 years ago

very bad if it goes down -.-

$0.00

siddartha (63) · 7 years ago

Thanks for the motivation. I also feel that SBD prices won't remain this high forever. Although Steem prices will certainly rise over the course of time. I wish I could get rid of my lazyness and start posting instead. Procrastination sucks!

$0.00

thewritelife (43) · 7 years ago

I think SBD will continue to go up, but might take a bit of a dive sooner or later. But I think by the end of 2018, the price will hit an all-time high

$0.00

mafi001 (43) · 7 years ago

wow nice post!

$0.00

konie.steemit (25) · 7 years ago

Dangan kita melihat dan membaca postingan seseorang itu akan membuat orang meningkan dalam mendapatkan $ yang lebih tinggi.
Mohon sesekali berkunjung ke blok saya karena saya masih baru di sini

$0.00

jcobs (52) · 7 years ago

SBD is supposedly pegged at about USD $1.00 though it fluctuates within a fairly wide range for the moment. Therefore, the idea that it will reach USD $2.80 to USD $3.00 is somehow almost impossible, it has been programmed otherwise. On the Steem level though, things are going to be different!

$0.00

liflorence (65) · 7 years ago

I'm also very curious on where SBD will go. At the moment, its quite stable to BTC - except for yesterday, when it was pumped again shortly to almost 6 USD.

$0.00

appone (46) · 7 years ago

I am still new here and learning. Your post makes a lot of sense. But the payout system is complicated and confusing. I have been reading a lot of posts and comments trying to understand the dynamic between Steem Power, SBD and posting rewards. On the surface it seems clear enough but with digging into things I get more confusion.
Could you please provide a link with information that is correct, complete so the reader can understand the facts and not rely on poster’s interpretation? Thank you.

$0.00

devilonwheels (53) · 7 years ago

Well, yeah, that's indeed the goal of this whole year for me, to keep powering up 100% of whatever I get. The profits I am sure will soon follow in 2019 if it keeps going like this :)

$0.00

baseline (32) · 7 years ago

I just joined steem a few weeks ago and I'm buying more Steem and converting to Steem Power. I would hate to miss out on the momentum that's starting to build.

$0.00

rogerek (57) · 7 years ago

he goes in strength Steemit !

$0.00

randymarktorres (55) · 7 years ago

lets just pray to rise up again

$0.00

jonmagnusson (66) · 7 years ago

Great point. I really believe in Steemit as a way forward for musicians and other content creators. And since I'm not in a need to withdraw any cash I have chosen to power up 100% since day one and I don't regret that choice at all.

$0.00

mysearchisover (70) · 7 years ago

What determines the inflation rate?

$0.00

keban (49) · 7 years ago

That's true, power up now people, this is a very good advice, steem will soon take it's place and SBD may be back to $1, make haste now the iron is hot

$0.00

damon9 (28) · 7 years ago

Must say being a "newbee" this definitely helped a ton. Can only wait to see and hope it raises though.

$0.00

inkyy (28) · 7 years ago

Great post. Thanks

$0.00

godofbit (47) · 7 years ago

I love steemit,but its very hard to get notice on here for some of us. It seems like all the big post that are actually making sbd is the ones buying upvotes form the bots, I been watching them get bigger and bigger but who can afford to buy their own upvotes everyday, I mean like is that what we do on here just use the bots and then hope you make something off of it?

$0.00

steemflow (72) · 7 years ago

Sbd-steem its like riding on 2 boats. But the merrier is steem . steem is the godfather of sbd so no matter wat....father will b father

$0.00

serkagan (65) · 7 years ago

I agree, the high price of SBD is very good for those who create good content and this gives the development of our ecosystem as a whole! Thank you @stackin

$0.00

atakan57 (45) · 7 years ago

Nice informative article. I am never setting my mind to earn money. First of all I am trying to gain power. I'm new to Steemit. So It is difficult to gain power. Should I deposit some money to get SP?

$0.00

mcurly (48) · 7 years ago

I sold most of my SBD at 13$, I am happy with the prize. But the more I think the more it seems like I should invest more funds into steem power, since voting strenght is all it counts here. I just can't decide when would be the best time to put my money back in steem.

$0.00

aveshnaik007 (48) · 7 years ago

As some predictated the SBD will reach to 24 USD by the end of this year

$0.00

maeolloves143 (45) · 7 years ago

I think that SBD will continue to do well it really helps

$0.00

momi5 (50) · 7 years ago

Exactly.. we must start involving actively while the iron is hot.
Resteemed.

$0.00

resteemhorizon (46) · 7 years ago

SBD will be worth of 20-50 soon, When price of BTC and steem rises it's price also rises.

$0.00

ecoman1 (29) · 7 years ago

i think ok

$0.00

sistem (60) · 7 years ago

From the look of things, steem dollar rises as the price of bitcoin rises so why should we think it will fall someday what the price of bitcoin keeps rising. And as far as I am concerned , the increase in the price of steem dollar pays this platform Moe because if steem goes way up and steem dollar way down, people might just have to leave steemit as it will just favour those with enough cash to buy steem which as it stands, many who come on steemit done have.

So I just pray this lasts forever...

$0.00

teutonium (62) · 7 years ago

Hopefully it will stay like this for a little while longer, i want to hodl more STEEM on my wallet

$0.00