SBD TA projection for Jan 2018

sevenseals (58) · 7 years ago (edited)

You forget that SBD will go back to 1 Dollar in the mid to long term. Steem could profit from that because autors earn more money for their posts and use the SBD to buy Steem and use it for powering up. Here is how the regulation mechanism works: https://steemit.com/steem/@sevenseals/why-the-steem-dollar-sbd-will-fall-back-to-1-us-dollar-the-self-regulation-of-the-sbd

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checkthisout (67) · 7 years ago (edited)

It was a joke. (This is helping SBD correction)

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bitcoinist (53) · 7 years ago

Wow what a steem power you @checkthisout
@grumpycat
Need and upvote please if u dont mind and i followed you

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mahmoudsardauna (47) · 7 years ago

Awesome TA!

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rizasukma (63) · 7 years ago

Very remarkable analysis. Thank you very much for the information. Hope you keep posting. Good luck always for you @checkthisout.

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torico (63) · 7 years ago

this is a very interesting post. what are all of those "It was a joke. (This is helping SBD correction)" posts for?

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sweetjoy (49) · 7 years ago

I will upvote

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checkthisout (67) · 7 years ago

Thank you.

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samiurrehman10 (51) · 7 years ago

Wow giant steem power u have friends. @checkthisout @grumpycat @thing-2
Please view my work if u wan me to do work for you i.e editing video editing then kindly do let me know please

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eric-boucher (68) · 7 years ago

Since the Steem Backed Dollars (SBDs) are supposed to be pegged at the USD $1.00 dollars, it will be very interesting to see what the powers that are within the Steemit community will decide to do in relation to this incredible price tag that has moved our precious SBD to heights unimaginable so far...

If your prediction is right, we will see some unprecedented events doubling on what we have just witnessed over the passed little while. Thanks for the highly positive analysis and prospect! ;)

Namaste :)

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checkthisout (67) · 7 years ago (edited)

It was a joke. (This is helping SBD correction)

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reko (70) · 7 years ago

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sevenseals (58) · 7 years ago

He states that SBD can't fall below 1 Dollar and its no upper limit if there is demand. In my opinion SBD price is only that high because there was a pump of a small market. But my logic says me that 500% inflation will have its effect.

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https://steemit.com/steem/@eroche/sbd-what-s-going-on#@eric-boucher/re-eroche-sbd-what-s-going-on-20171229t170554809z

eric-boucher (68) · 7 years ago (edited)

Thanks for the correction you bring to my understanding there by stating that it has no upper limit and can't fall below the USD $1.00... Even more interesting in regards to what has just been posted as an analysis of the SBD pump and its effect on the whole Steemit ecosystem!

Here's a link to my thoughts on it and the whole article, very well written with great concerns for us all here on Steemit.com:

Namaste :)

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sevenseals (58) · 7 years ago

Here is how the regulation mechanism works as it is for me. https://steemit.com/steem/@sevenseals/why-the-steem-dollar-sbd-will-fall-back-to-1-us-dollar-the-self-regulation-of-the-sbd
Maybe you have seen it already in another comment from me.

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ranialouisa (41) · 7 years ago (edited)

Interesting, I still cant tell if TA works or not with crypto

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joan33 (41) · 7 years ago

_{_{_{_{_{_{_{_{_{_{_{_{_{_{Place holder. (This is helping SBD correction, which is good for Steem).}}}}}}}}}}}}}}

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eroche (67) · 7 years ago (edited)

Follow, Resteem and Buy me votes or I might stop posting.

This is your second post. Why would anyone care if you stopped posting? Or am I missing something.

On your technical analysis I don't disagree with the chart your showing but on fundamental grounds I would arrive at a different conclusion. SBD is pumped at the moment and in my opinion will reduce in value as people stop buying it for inflated prices.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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cabbage-dealer (59) · 7 years ago

It was a joke. (This is helping SBD correction)

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thepassenger (57) · 7 years ago

lol he will stop posting even thought he just started posting, what a nonsense haha

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checkthisout (67) · 7 years ago (edited)

It was a joke. (This is helping SBD correction)

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pawsdog (55) · 7 years ago (edited)

And now we see the true damage that self voting can cause to the platform. Very interesting and point well made. I suppose at some point, someone will have to step up and do something.

Until then I wish you luck in your utilization of flaws inherent to the current system to enrich yourself. Technically speaking your are not breaking rules, and utilizing only the permissible features inherent to every account.

Granted the behavior is frowned upon, but hey who cares if you can use Steemit like a debit card as a result of the fact that it has no preventative measures in place to prevent this type of behavior.

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cryptographic (64) · 7 years ago

Got to keep calm and remember that the wheels turn slowly in this kind of decentralized, widely distributed setting. Got to pick your battles, and start with small, incremental achievable steps. Finally, you've got to have faith in a majority that thinks like you, whose dream is that Steemit be home to quality along the lines of Stack Exchange, to name one example. This is not something that happens overnight. It requires networking and stamina, lots of stamina. Personally, I don't have any problem with self-upvoting. I distribute my voting power equally between others and myself. And I deserve every penny I make because I always post quality. Always. Can't say the same for others unfortunately, but they're not my concern either. Sure it gets my goat, but that's how the system is made, and the hope is that the gaming of the platform will slowly lose out, if, and this is a big IF, those of us committed to quality focus on the positive and let the negative wallow in its own mire. That having been said, I agree that changes should be made, but we need to have reasonable expectations and not see this as all or nothing, now or never. Gather your data, prioritize your actions, and slowly move forward. You know that there are lots of people like us outside the inner circle of "whales", and some within I'm positive, who are going to be in basic agreement on this. The big question is how, how much, and how soon? I'd say a good start would be the elimination of downvoting all together forcing everyone to start focusing exclusively on the positive.

I don't think it would be fair to put any kind of cap on rewards because of posts like this one (which, in fact, I think should have made more!): https://steemit.com/dtube/@sndbox/ll4ld67n

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pawsdog (55) · 7 years ago

Yes it is an interesting problem that is for sure. We shall see what changes are made. It will take time but I do think we need some goverance

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cryptographic (64) · 7 years ago

And let's get rid of downvoting. Who cares if a couple of nitwits go off on a tangent? What's important is that the majority of us move forward together in the positive. The most important enemy of positive action is the downvote. Get rid of it and those nitwits off on their own can no longer cause harm to others.

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pawsdog (55) · 7 years ago

I agree, but I don't think we can totally obliterate it as it is needed for certain types of content. I think the "flag" sends the wrong message we should have a thumbs down for routine bitching and a flag for illegal content

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cryptographic (64) · 7 years ago

Okay, a flag for illegal content, and/or content expressly disapproved by Steemit.

But the negative voting, as in censorship, is something I don't like at all. And it's a financial waste of resources to boot!

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pawsdog (55) · 7 years ago

I totally agree, there should also be a penalty applied for simply acting like a dickhead.. like losing a time out on a failed challenge in football.

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cryptographic (64) · 7 years ago

Make it simple and just get rid of it.

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Show 1 more reply

thesimpson (59) · 7 years ago

Its an absolute joke dude, since your previous about the flagging I've been doing my bit but it seems that the more I looked into it the more shit I found gaming the system. I was happy in my world of music making but now I'm seeing just how much this site is being exploited.

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pawsdog (55) · 7 years ago

Very interesting indeed, and seems like it would benefit oneself to just deposit a significant amount to make it worthwhile and then just game the system right along with them.. Pretty crazy for sure..

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cryptographic (64) · 7 years ago

Both @checkthisout and @grumpycat are new. Around a half a million is what "they" brought on board - estimated prices at the time.

One of the first Steemit slogans was "Blogging is the new mining". Essentially that's absolutely true. The rewards pool is mined and then distributed. If you don't have anything to say, I guess you can only upvote your own nonsense. On the other hand, everyone has something to say, to contribute, so maybe this something that needs a little direction . . . and it might be a "How To" that turns into something useful for many more in the future.

How to see a reasonable return on your investment and support the community's focus on quality at the same time (thus also ensuring the long term success of your investment too).

Commenting and the value of your comments about topics you know well
Introduction and informative posts (e.g. updates on where your votes are going, etc)
Interesting tidbits of knowledge
Etc., etc,

Everyone has something good to say.

P.S. I'm going to happily and rightfully give myself full power upvotes on both of my comments here! 🙂

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pawsdog (55) · 7 years ago

Yeah, that is somewhat crazy the way they are doing it.. I would be a bit more deceptive I think and go to old old post and upvote my comments there, little here, little there.. nothing big.. if it were my intention to game the system on the down low.. Create a couple accounts to vote myself up as well.. I am curious how this problem will end up being addressed that is for sure.

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cryptographic (64) · 7 years ago (edited)

And to go to all that trouble to hide what can't be hidden!

I do it openly. 50% of my VP for me, 50% for others contributing quality content. I wouldn't be here if I wasn't rewarding myself. Wouldn't have ever powered up. The fact is that this is now one of the best ways "to mine" that there is! I've been mining since late 2012, and I'm thrilled to be here, "mining", and producing something of value in return too! With practically no carbon footprint! Doing something I enjoy, but mind you, I've been on BBs, Forums, even done a [sucessful] stint on Disqus (with other 3rd party publishing as well) and I gave them all up simply because my time is better rewarded doing other things (as anyone who's ever tried to run a profit on the internet well knows, as you well know). The only reason why I'm here is the financial coupling. Even though it still pays horribly, at least I've got some sort of justification. 😆

And it might just turn out to be as revolutionary as we think it might be.

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pawsdog (55) · 7 years ago

BB's, wow that brings me back to my wildcat days and tradewars.. lol back in the 9600 modem days.. Yeah I have been in the game for a while, grabbed my first BTC sub $100... remember when coinbase opened up.. Yeah it has been something to see this industry grow, and perhaps you are correct, 50/50 may be a good idea and smart way to do things. Right now I'm spending 95 percent or more on everyone else.. not that my .04 really helps but my rep can a little bit for the 25 club. I may change as I grow more on the platform. See how I feel as I start smashing milestones, 10k ,25k, etc.

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cryptographic (64) · 7 years ago (edited)

BB's, wow that brings me back . . .

Yeah, I was referring to my blogging experience, originally unrelated to crypto, and dating back, back before the word blogging ever existed. 😮

And I gave it up because, even though I had many a happy reader, I made no money doing it and I could no longer justify giving so much away for free.

BTW, I will be upvoting your comments in this thread as well since I consider it to be a very good conversation that I judge as being valuable to the community - certainly worth much more than the 15 or so measly dollars we'll take home as a result . . . but like I've been saying, something is better than nothing.

networker5 (56) · 7 years ago

@pawsdog
Exactly what is said as I think it

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pawsdog (55) · 7 years ago

true, very true

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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anomadsoul (77) · 7 years ago

I think pretty much no one is understanding the true purpose of what you are doing here.

Anyway, I hope the SBD price corrects asap.

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jerseynash (43) · 7 years ago

What about Steem’s TA?

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checkthisout (67) · 7 years ago (edited)

https://steemit.com/steemtrading/@checkthisout/steem-ta-for-next-weel-bull
Free for you.

$310.50

thesimpson (59) · 7 years ago

steemit is really full of sheeple, pull your head out the clouds minnows, your being played!

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qaismx (46) · 7 years ago

I appreciate your analysis

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checkthisout (67) · 7 years ago

Cute.

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mangyan (43) · 7 years ago

If this really happens it is not hard to become a millionaire after all haha.. hope it really happens. even I don't have sbd right now I am happy to be a part of steemit

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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https://steemit.com/abuse/@lukestokes/whales-you-have-some-flagging-to-do

tt-dogg (52) · 7 years ago

Please resteem or promote to finally a good witness that cares about this platform and isnt afraid to stand up to berniesanders....haejins followers upvote my posts and resteem....
.if your a whale or dolphin delegate to me your SP so i can stomp bernie aka justin for good...i delegated all my steempower to haejin already im weak

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mgarcia6278 (11) · 7 years ago

Red Flag for this bot ! and Flaaaags for @berniesanders!!

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crystalpacheco30 (62) · 7 years ago

I would love that fingers crossed that will happen!

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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road2nowhere (52) · 7 years ago

Valuable info, but what normally helps me to understand your technical analysis is reading through all the place holder comments on your posts. Keep up the good work!

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checkthisout (67) · 7 years ago

SBD correction.

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16 votes

checkthisout (67) · 7 years ago

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checkthisout (67) · 7 years ago

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checkthisout (67) · 7 years ago

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checkthisout (67) · 7 years ago

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checkthisout (67) · 7 years ago

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fabinhocrypto (53) · 7 years ago

good analysis!! go to the moon

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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hrishikesh (51) · 7 years ago

This is some of the most informative videos on Steemit. I wished more steemians shared ideas about earning more income.

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checkthisout (67) · 7 years ago

Cute.

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anik-hassan (36) · 7 years ago

Thanks checkthisout. I always feel smarter after reading your posts. Please keep sharing your thoughts. interesting post

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checkthisout (67) · 7 years ago

Cute.

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cathi-xx (65) · 7 years ago

Strong SBD is great for people like me who run contests on Steemit because I can give fairly decent prizes at the moment!

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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tanbay (72) · 7 years ago

Honestly if that happens it would be like Christmas and my birthday at the same time lol

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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businesswri (62) · 7 years ago

hope this happens

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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sujanbarua1 (53) · 7 years ago

wow, It will be great for all of Steemit users. Thanks dear for your awesome post.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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allmonitors (74) · 7 years ago

Hodl.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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aowal202 (45) · 7 years ago

I Following to your post. Upvote and resteem.

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checkthisout (67) · 7 years ago

Cute.

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iwanderela (62) · 7 years ago

Don’t stop posting 😂
Let’s continue STEEMING 🍻

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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11 votes

unicron (48) · 7 years ago

maybe i dont get it?

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mejustandrew (58) · 7 years ago (edited)

Then why not help SBD correction voting for other people's comments/posts? I wouldn't mind if you start with this one.

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leap8 (54) · 7 years ago

that would be awesome

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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sarah9 (41) · 7 years ago

Wait till the end of first week.....2nd week of januart is the christmas for sbd 😍

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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gptins (45) · 7 years ago

I appreciate your analysis

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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mister.nice (36) · 7 years ago

Looks like quite a promising prediction :-)
$25 per SBD :-)

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checkthisout (67) · 7 years ago

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mister.nice (36) · 7 years ago

Yeah it was quite a mooning prediction but it is still very possible, considering that SBD was almost $15 recently.

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greer184 (59) · 7 years ago

This is hilarious. Your experiments make us ask the question:

What is valid content?
What proves one brain in the current "proof-of-brain" distribution system?

That's some deep philosophy there.

Your technical analysis is spot on, given that it is simply low-effort bullshit content. But that's point, isn't it? Genius. The natural progression from no-effort to low-effort.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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biffybirdcam (65) · 7 years ago

That sure is a hopeful curve analysis.... I will pray as well.

Could certainly use the help.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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alexandraioana26 (61) · 7 years ago

That will be AWESOME! Fingers crossed @checkthisout!

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Underwater photoshoot at Bali - A heaven on earth.
Visit Santa's official office at SANTA CLAUS VILLAGE in Finland

travelwithethan (37) · 7 years ago

I wish your prediction be true. I am also seeing this up above 20$ in jan 2018.

I earned a lot from SBD. So i say thanks to SBD always.

Now i have started my blog here. I hope you will lile it.

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checkthisout (67) · 7 years ago

It was a joke. (This is helping SBD correction)

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statsmonkey (49) · 7 years ago

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @grumpycat valued at 146.41 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

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checkthisout (67) · 7 years ago

interesting

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didarulselim (47) · 7 years ago

SBD project very nice...
i thing this month we will go top...
steem work amazing...
thanks for sharing...

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bitgeek (62) · 7 years ago

Congratulations @checkthisout, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1235 and the total pending payments to posts in this category was $9728.98. 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.

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