You are getting so much SBD because a lot of witnesses have changed the ratio at which SBD/STEEM is created in order to "print" more SBD to get more of it out on the markets in an attempt to normalize it's price. I hope that makes sense.
RE: Vlog 179: Steemprice + Blocktrades disabled SBD and STEEM [Update - It's FIXED] + Dutch Financial Times mentions Steemit.
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Vlog 179: Steemprice + Blocktrades disabled SBD and STEEM [Update - It's FIXED] + Dutch Financial Times mentions Steemit.
EDIT// https://steemit.com/steem/@dragosroua/steem-supply-update-rewards-algorithm-rewrite-major-cleanup-version-bump
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Wow, that's some nice information I was not informed about. Thank you for sharing!
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sensible news and suggestion. Thank you
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I was wondering about that... Still has a long way to go. If SBD and STEEM become exactly equal will that mean that payouts are expressed in USD?
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I don't think it is likely that will ever happen again.
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Exactly, this currency has already lifted. The changes will have waves like any other cryptocurrency, but unless a backup is added (like USD for USDT), it'll run anchorless through a variety of prices.
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yes this currency will continue to grow. I believe that it is a very smart investment. especially Steem Power specifically.. It sucks that you can't withdraw it all immediately, though I think the returns will be very promising, so I am happy to withdraw little amounts over an extended period of time.
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I would like payouts and everything to be calculated against SBD instead of USD. If the coin's value goes up and we are therefore paid less SBD, I think it's unfair for the early comers!
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I myself don't want the price to normalize, I want it to mooooon! My earnings would be worth so much more!
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This happens every time the price pumps. You're supposed to sell when SBD gets high. So it will not last. Has happened repeatedly.
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Thanks for this news. Very informative.
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What did the ratio used to be?
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the reward ratio is supposed to be 50/50 - Steem/SBD but has been closer to 20/80 recently in order to "print"more SBD so it's more on the markets and it can't be pumped so easily. SBD should be worth $1, that's how it is designed
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How can one find out when they make that change? It seems quite material to various strategies?
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I have not seen any change in the ratio of my payouts. They seem to be at 50% in SBD?
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steem.supply had that information but now it doesn't show it anymore. I asked the app's creator @dragosroua to add it back in.
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Thanks. I saw an old post on that when I was googling and thought the same thing. Hopefully he brings it back.
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aah if this is accurate then I get it now :)
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Please Up Vote my post please
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spamming will get you flagged
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Please Up Vote my post please
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