I totally agree with your sentiments. It actually makes me uncomfortable that this is even a discussion. Part of the reason I was drawn to steemit in the first place was the idea of mining through content/curation. By manipulating the price, you're effectively diluting our profits. Let's face it, in addition to earning SBD, I want those assets that I earn to appreciate as well. That's a huge draw to the platform.
RE: The benefits of inaction: a defense of a high SBD.
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The benefits of inaction: a defense of a high SBD.
I agree. Sorry I didn't reply was away on work. It's really interesting looking at it in perspective a week further on, what I'm seeing is generally all around Steemit people are now getting higher value payouts for content, so that's the win of letting the market take over. Steem Dollars and Steem are both very consistent risers on Bittrex and not as prone to the Alt Coin traders who manipulate the curves on the other currencies which is the benefit of such a huge Steemit userbase. So one week on the benefit of Steem and SBD rising in dollars is better payouts for Steemit's internal content creators. That has to be a win for the platform as a whole.
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