Every day new Steem is created (reward pool) and distributed to content creators, curators, and witnesses.
For a long time, this has increased the amount of Liquid STEEM going around.
But for weeks on end now the amount of liquid STEEM has been going down.
Which tells me that more and more people want to keep their STEEM powered up and are also buying it on exchanges to power it up.
The less STEEM on the market means there is a good chance the price will go up due to scarcity.
Here are the stats:
13-12-2017
24-12-2017
SBD Price
The Steem blockchain dollar will always be $1 USD worth of STEEM.
But according to Dan in an interview he gave here, I heard him say there is no upper limit to what it could be worth.
It's basically up to the markets to decide what the upper limit is.
This means that the SBD could stay high for a long time if the markets decide to.
Which is great news for every content creator on this platform.
I talk about it more in my vlog.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
Thank you for your explanation.
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yeap
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You're welcome.
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Hi to all,
I recently joined D Tube and i created a tech channel where i test different phone models in different ways.
Please support me by giving me a like or comment and subscribe.
All i do is for you guys!!!
Thank you from the bottom of my heart!
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Can you earn revenue from posts in dtube? Thanks for your work.
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big thanks!
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Yes He is really am genius and intelligent
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Cool input.
This is positive news showing steem new low is the price we see now.
Steem help on pretty good in the last 36 hours.
It shows the resilience all yearlong not to factor the value now.
steemians will continue to hodl and push steem way up.
Thanks for the spin and reminder.
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I've noticed Dtube is working better now, far less glitchy than it used to be for me. Perhaps as they're starting to earn quite a lot they now have the funds and incentive to improve it and make it as good as it can be. Imagine what it will be like 1 year from now!
I also saw the interview with Dan Larimer and it was interesting to hear him talk about the SBD. However, I still don't understand why anyone would choose to buy the SBD rather than STEEM tokens which can be powered up and serve a real function here on Steemit
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It is really difficult to understand the fundamental behind SBD. Its move is totally unexpected.
STEEM is okay and even if STEEM goes above 14 usd it would be considered at par but the most important part is that the high price of SBD is otherwise bringing investment to STEEM POWER.
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Thank you so much exyle for the info on STEEM and SBD but I think that STEEM will definitely increase and SBD will gradually decrease and both will stable at 10 usd at some point of time.
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Thanks for the explanation!
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Steem is fundamentally different, because it incentivized people to lock up their currency in Steem Power. This is built for a long term mind-set and combined with the power of social media, I think it will go places. HODL :-)
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Thanks @exyle for clarifying about SBD, that lower limit of SBD cannot go below $1 and the upper limits has no boundaries.
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Yeah, I had thought that SBD wasn't supposed to be worth any more than $!, and now I know otherwise.
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@Exyle You are my Go to person when it comes to your thoughts on SBD and the Price of STEEM. I am so grateful that I am right here at this time to be involved in STEEMIT. If people really want to be Successful on Steemit all they have to do is be Consistent everyday just like @exyle
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As the total supply of SBD increases it will make it harder to manipulate. @dragosroua says he doesn't think the imbalance caused by SBD's price is a good thing for the blockchain in the long term, that's why he and other witnesses have split the rewards 75/25 - SBD/STEEM in order to create more SBD and lower it's price towards the peg.
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This is the key point! For a while I think curators have had a good time of it, but now with SBDs hovering around $10 on the exchanges, it's a really great time to be producing content.
Have a great Christmas, looking forward eagerly to 2018!
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It's officially Christmas, @exyle is wearing a Christmas sweater! :D
Merry Christmas. :)
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lol! Merry Christmas man!
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Steem feels ready to burst but it just won't! I think it gonna triple against Bitcoin. The way this platform works is awesome, I hope SBD goes stupid high.
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The rocket is fueling :)
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Imagine if it not only started strong but crept up even higher. Wildness!!
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The current numbers already blow my mind.
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Great explanation about how STEEM could increase in price despite it being inflationary. Basically, even though there is so much steem being generated, a lot of it is in steem power which means that the supply of liquid steem can continue to go up because of that. Wow. I now have a lot more clarity on how steem can become more valuable despite it being inflationary. I read the whole steem white paper and remember reading a section of it that explained that just because something is inflationary, it doesn't mean the value of it will go down over time. Now I know why! Thanks!
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Oh, yes, my friend, the fact that more and more people are acquiring the STEEM can only please and inspire great hopes in the future of our ecosystem! Also the forecast concerning SBD is encouraging, after all with its help it is possible to buy more STEEM . Thank you @exyle and happy Christmas!
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its really amazing to see the stats today steem is definitively going to sky rocket touch wood heheh :) but seeing sbd could stay for that long is more impressive damm it might make our habits worse when sbd will come back to $1
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Great Vlog once again. Watched the interview recommend by you (great explanation). And wishing you and your family also Merry Christmas and happy holidays.
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Thanks for sharing such a valuable information about the increasing standard of sbd and the ,the power up process makes one very strong and valuable upvote. Yes friend it's a rule of any market system that where supply is less demand increase along with the high rise of price,which will be become our energy drink. Wish you and your sweet princess marry Christmas.
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So glad I found you in my early days, learning so much from you in such an easy to understand way! Every newb should start of following you, thank you & fijne kerstdagen 🎄
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Thanks for the info. The exchange rate from SBD to steem is quite low since steem has increased and SBD is decreasing. So I should hold on for the time being and once the conversion rate is high then I should convert. that's what you are saying?
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I don't have a crystal ball :) I'm still selling my SBD at the moment.
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haha. Fair enough. :)
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interesting times.. I would not make any bet for it what things will be in 2018.., I want to wish you a merry Christmas..
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Merry Christmas!
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Thank you... want to laugh or cry... I get a bitcoin from my father in law..
https://steemit.com/funny/@rival/my-father-in-law-gave-me-a-bitcoin-for-christmas
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@exyle the new generation.
I hope you will have a look at my daughters first post. She get a steemit account as christmas gift from me..
https://steemit.com/introduceyourself/@creatisa/making-my-own-cranberry-jam-part-1
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Thanks for the great informations about the rising standard of eternity community.I am very new here .I came to know about you from maya7 ,she is my sister in law.she had talked about you and your great personality.So I want to offer my wish to,marry Christmas.Thanks for the great post from which I have come to know lot about the steemit world.THANKS
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Happy Christmas to you and your family @exyle.
I always enjoy your daily vlogs. And it is great to be coming to the end of the year on such an upbeat and positive note.
I joined the platform in June this year, and although there have been ups and downs I am glad I stuck around.
I am really feeling a positive buzz around steem and steemit now.
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Thank you for your nice words and a merry Christmas to you too!
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This was a good one @exyle what else would you want just before the big day its made me extremely excited for 2018, I also learned from this video and I am so happy about the possible news on SBD staying a little longer.
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I am happy to know that D-Tube is getting better. Now a days more people are watching videos on You tube than the TV and soon D-Tube will reach the same level as Youtube and everybody will benefit from it.
I feel also that the rate of the Steem dollars is higher today what helps a newbie like me to power up :)
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I recently initiated a powerdown to pull out some of my own funds I had put in and quickly thought better of it and turned it off. Back to collecting Steem and SBD :)
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Its better to invest as much steem as possible now. steem is looking quite stable now and the chart is pointing to further rise of steem value.
so steem on....and stay blissful...
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That SBD price is getting everyone happy, but some people do get insane $ numbers every day with their objectively bad posts. That is my main issue with the huge SBD price right now.
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I'm in support of limiting rewarded posts per day to one, at least. People could post as much as they want, but only one post per 24 hours would get rewarded, or something like that.
There are lots of people spamming and gaming the system.
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Agree 100%, this is getting out of hand. Limit to one payout per day and the rest get 0, that would increase the number of quality posts, would reduce spam and would reduce ridiculous money extraction schemes. It would not affect me, I always posted once per day. I never understood the need to post more, specially if you have huge payouts.
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the difference in these pair is not liking for now i was good when it was almost .20000
@exyle
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Interesting information, where do you find this info?
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A good explanation which a fifth grader can understand. Thanks.
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SND May remain around $10-13 which can be considered it being moderate . I don’t see it going any lower than that .
For Steem , I never knew about the Liquid Steem part but I do feel like it’s going to rise out of no where just like SBD did , just a matter of time
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steem has alot of room to grow, hodl my friend
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SBD to Steem to Steempower = STACKIN! Steempower is what everyone should be focused on in the long-term. Thanks for the post, keep steemin and stackin!
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Where do you find those stats? Very interesting! Thank for the post.
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For some reason, I hadn't heard of Steemify App.... just downloaded it onto my phone. Thanks!!!!
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Great video. Steem is more stable than other coins, which is very important, since "currency" needs to be stable. Man, if SBD stay so high this would be awesome. Merry Christmas.
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The amount of SBD in circulatuon is less than steem so the market demand will decide where it can go.
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Yea. Liquid steem price is going down soo fast. Already cashed out my STEEM.
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@exyle,, you are right talk in STEEM SBD price and you have collected in STEEM information,presented some awesome and very useful information. i am very happy on this article....
followed...upvoted // resteem
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STEEM is still going down every week + SBD could be high for a long time.Thanks for the explanation!!@exyle is wearing a Christmas sweater!
Merry Christmas. :)
upvorted & Resteemed
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yes and i agree with u sure it will rise up and u say right thats mean we have a big chance to hold steem for a good profit soon in next days @exyle..and in these days the mostly demand for steem not sbd
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very knowledgable post. very important for me.
thanks for sharing
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It is a really great news if the price of SBD stay up, especially for us minnowers whose content is still trying to gain recognition. Any little amount that comes in will be big in payout.
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@exyle Steem's gonna go to the moon soon! Thanks for providing up to date information! I remember you predicting its current price pump. Big things are coming for Steem!
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thanks sir for simply explaining the current situation to us..it is good to know that SBD has no upper value and it will stay high for some more time :) thanks again sir
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Excellent your analysis work . I think steem will come back strongly. Also bitcoin trading market. Follow and upvoted you. Merry Christmas
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Thanks
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Hi to all,
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I am still learning so thank you for the information.
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Thanks for the explanation, further than that, thanks for showing these statistics, it's insane!
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Thank you for your explanation
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thanks sir for the valuable explanation
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Thank you. This gives us an idea of where we Steemians are all around. Thanks again.
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thank you for informative post .
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sbd could stay up higher interesting very interesting thing i just heard about
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I believe in the concept of steem!! Spread the words!!
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Hi
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Thank you for sharing this info.
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Yeh because steem and sbr is the way to earn money
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Indeed a great news.. the way things are moving I can see a brighter future for Steem. The high price of SBD is great for content creators as you mention and also people tend to use internal market to convert their SBD to Steem and use to power up. I feel that too helps a lot.
Thank you @exyle
Cheers!
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Hello
I am an independent Journalist that has been reporting on the Ukraine War, in anti Kiev- "Rebel" DPR/LPR territory for last almost 4 years( no other Western Journalist has been reporting here as long as I have).
I have just been on Steemit for 6 days. I am loving it so far. I am happy to be the first (as far as I can tell) independent War correspondent on Steemit and Dtube. Steemit seems like a great platform with alot of potential to help spread the word on the what is really happening in the Ukraine War & show the War crimes that have been happening in Donbass. The idea of people really help others with upvotes is amazing. I am happy to bring the breaking news on the Ukraine War to the community. I just need to get a following so any help you could give me to spread my reports I would appreciate. Thanks
Hit me up if you want to chat
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That's really good news
thanks :)
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How is it possible. So you get the same amount of sbd but it's actually ten times higher??
Whaaaaaaaaat. No way!
Happy times for creators!)
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I'm so happy about D.Tube right now...I was waiting a "youtube like" platform where we, content creators can upload our content.Thanks @heimindanger ^^
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Great news for content creators they are simply getting the 10 x profit wow
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Obviously the high price of sbd makes it easier to power up but will the high price of steem effect it's supply and distribution at all? It's nice to suddenly have a vote worth $1.50 usd (when sbd is worth $10) but I hope I'll be able to power up to your level eventually...
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very nice vlog thanks for all the information and i think i need to check dan interview thanks for the link
merry christma :) have fun
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follow me please
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do not worry I wish it better for it's platform
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the steem sbd growing too low..that growth is unsustanable..just a matter of time when its gonna go down.
upvoted // resteem
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My thought before was if it can't go down--below USD1--then it can't go too high up. Feels good to know i was wrong thanks. Also good news on the liquid Steem scarcity.
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That video is encoraging for many steemians and new hodlers. I didn't know about steem amount liquidity going down. That is nice to hear.
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Yes it is a great news and now I can see people not upvoting others like before to save the voting power and get more SBDs.
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@exyle,
Yeah if we get high SBD, that means it will make huge income for us! Hope SBD will peg at $20 soon :D Nice update dude!
Cheers~
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What if the market decides to down the rate of SBD?? Would it goes below 1 usd?? And yeah about the liquid steem I didn't get it that how it is generated?
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I like learning ....Thank you for your explanation
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yeh your right if liqidity decrese price will increase.
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Great vlog its time to work even hard as sbd could stay for so long period of time at this price wow
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I appreciate the analysis, but I'm not sure how this would mean people would buy more Steem because they think it's more scarce.
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I think that the people behind the pump have stopped pumping SBD.
It will slowly trickle down back to $1 peg.
Having a $10 SBD is great, but it defeats the purpose of SBD, so its better if it stays nearer to the peg. I think everyone has already taken advantage of this pump.
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Thanks for the explanation.
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Extraordinary good updat this is so nice of you to telling about this & wish you a Merry Xmas.
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yeah we also wait that day when steem worth value equal to eth and bth and hope this day will coming soon and now to listen ur opinion i also sure on it @exyle sir
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Is it good to sell our SBD's till the price is high or do we hold them? What do you suggest?
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Sir thank you so much for sharing your explanation.Merry Christmas
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Nice stats. You really devoted your time to research and compile this. Thank you for that.
With what is happening in the market and the price of steem being atleast stable in some sense, I think it'll end up being a win-win situation for all of us.
I see the price of steem and sbd skyrocketing soon due to demand.
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Yeah........ Nice to photography post. You really devoted your time to research and complie this. Thanks you for that. The price of steemit being.
I think it's end up being win_of .
I see the price of steem and s bd skyrocketing soon due to demand. The price of steem being atleast stable in some sense.
I think it's ending. Thanks for so much for your photography sharing.
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You are really a genius and intelligent
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very informative thanks
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@exyle Possible to reach $5 end of the year ???
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Hello, It's Onur... Firstly i want to say ; It's the best explanation in the simplest way in here for Steem-Sbd differences, thank you very much... Followed.
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Sbd could get even higher? Really? That's really good news!! :)
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Liquid steem still going down a good positive sign for all of us great to know the statistics thanks a lot for sharing Happy Holiday
Merry Christmas my dear friend.
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its really amazing how the things are going SBD seems to have find a stabilized point and as dan said could go for longer interesting Merry Christmas to you & your family.
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Wow you made my christmas better with this great news thanks a lot for sharing this :)
Merry Christmas
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This really Helped me
i am new here so need an expert advice
Thank You for sharing with us
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thanks @exyle for the explanation
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I've been on Steemit for two weeks,and I will say that this is the easiest to read and understand post I've seen so far on how Steem works. No technical jargons. Just simple English. That shows your great depth of knowledge about the subject. Thanks for the explanation.
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thank you for all that you do, and looking forward to a great new year.
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