New: steemenomicsAll contenthive-129948krhive-196917steemzzanhive-183959hive-185836hive-180932hive-166405photographyhive-150122uncommonlabhive-183397hive-144064hive-101145hive-188619bitcoinkrsuccesshive-145157hive-193637lifehive-184714hive-181136hive-109690hive-103599TrendingNewHotLikersbacchist (69)in sbd • 8 years agonotes on sbdSBD Interest Rate SBD balances accrue interest, at a rate determined by witnesses. While at first glance, this might just seem like a nice perk for holding SBD, a closer look will show that the…bacchist (69)in witness-category • 8 years agoWitness Petition: Do Not Abandon The PegWith the latest Steem upgrade that achieved widespread witness adoption, a change was implemented that threatens the viability of the economic system and violates the social contract which users of…bacchist (69)in sbd • 8 years agoSBD Conversion: The 7 Day Median Average PriceBased on some of the conversations I've had, I think are some gaps in our understanding of Steem Dollar conversion. I'm going to be making 3 or 4 posts on the subject that should provide some…bacchist (69)in sbd • 8 years agoEmptied Cold Storage To Buy SBD; Converted SBD To STEEMSo, my BTC has just been sitting there... neither losing nor gaining value. Some people might find that acceptable. But not me. I think there is a significant risk in holding BTC. It could go to…bacchist (69)in sbd • 8 years agoI Stopped Converting SBD For NowI have been quite busy in the past week, and I haven't gotten around to posting the results of my second week of converting SBD. If you haven't read them, you might want to check out my previous…bacchist (69)in steem • 8 years agoMy Week 1 SBD Conversion Results: 18.615 SBD | 7.446% ROIWeek 1 Results Are In I'm calling this a huge SUCCESS The conversion of $250 Steem Dollars resulted in 120.889 STEEM. I took that to the internal market, and sold it for 268.615…bondor (49)in steemit • 8 years ago[PROPOSAL]: Timely vs Timeless content, Longform Content, Incentives, and Scalability for SteemitSummary “The man who never looks into a newspaper is better informed than he who reads them, inasmuch as he who knows nothing is nearer to the truth than he whose mind is full of falsehoods and…bacchist (69)in sbd • 8 years agoSampling SBD Conversion ReturnsI have been collecting the price feed, SBD exchange rate, and ticker at various times over the past few days. I wanted to see how often a hypothetical 1,000 SBD conversion would have produced more…bacchist (69)in steem • 8 years agoTesting The Steem Dollar PegSunday night I initiated a conversion of SBD to Steem through my wallet. I hope to accomplish a couple things with it. I want to increase the amount of SBD that I own and the value of my SBD. That…inertia (73)in steemit • 8 years agoHow the STEEM Blockchain Will Free LaborThere is a common analysis in economics about freeing labor. Depending on the background and agenda of the economist speaking, this analysis can be referred to as good or bad. Economists who think…bacchist (69)in steem • 8 years agoThe Surprising Benefits of The Declining STEEM PriceThe price of STEEM has been declining over the past week Oh no! That's Terrible! Or is it? When the price of STEEM falls, author rewards earn more SP . With all the talk lately of…bacchist (69)in sbd • 8 years agoFor A Stronger Peg: Thoughts On SBDStrengthen The Peg The peg has seen better days... Right now, the market is valuing SBD at well below $1 USD. This might present an opportunity for users who can afford to buy SBD now and…steemit777 (11)in money • 8 years agoSteemit's new economic paradigm, or: Why Steemit might just workEven people in the cryptocurrency make public - Bitcoiners. The cries of "Ponzi plot" seem strangely ironic, as it seems gone months ago the critics of Bitcoin were parading the united rhetoric.…bacchist (69)in steem • 8 years agoWhat Is The REAL Market Cap of Steem?The crypto-currency market cap sites are showing Steem as the #3 crypto by market cap. It's been a source of pride and excitement to watch Steem climb the charts and challenge some of the more…bondor (49)in steemit • 8 years agothis is what my degree in economics equates to while attempting to evaluate the fundamental mechanics of STEEMbacchist (69)in steem • 8 years agoWhere does the STEEM come from when you convert SBD to STEEM?