Hey, how are my friend, may you all performing well. Today i come with a new topic which is somewhere comes in each steemitian minds . And I had tried to explain it as in best possible way, so without taking too much time let's start......
Why price of SBD is higher than steem.
Well there are many factors some these are :-
- Liquidity :- SBD is more Liquid then steem, because we know that most of the transaction we are doing here, is done through SBT. whether it's sending to someone or for some service or some bots, all do accept SBD.
This itself interested the liquidity in the sbd as compared to that of steem. - Relation of sbd and reputation:- Well we all know that there is an director relation between sbd and your reputation. Because whenever someone upvote you. There, they transfer sbd to you in form of upvote and the more the sbd, more the power of a upvote, so more impact on reputation.
- Profitability:- we can see that, people are using the sbd for there a upvote through bots. Which will give some more benefit to there investment. and as we know all bots accept sbd for all kind of transactions.
- Payout time:- As if you do put your steem in steam power it takes a total of 13 week for your payout, but if you put it in Sbd and use it for your upvote then you will get your payout in 7 days. This also cause more flow of SBD in system.
- Services on steemit:- they are the many services available by various groups on steemit. These about resteem, curation, upvote, lone and many more . So even in most services they are accepting sbd.
All these factors, already produce an attraction toward SBD, and thus causes more liquidity in SBT as compared to steem.
But in long run sbd is just act as an token which has a purpose to back the US dollar. And you can use it as an tool which having a more constant value.
I hope this post will help you to understand why sbd price is higher as compared to steem. And and the other information that may help you and long run.
Thank to all of you, to visit my blog and for your love and support. Your contribution to my growth is very important, your each upvote and comment is motivation for me so please vote and comment.
Great post, rasing some strong points on what makes Sbd more important an valuable.
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Thank you my friend for your nice words
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Hay brother it's really great information you had given to us. I actually Earlier wonder why sbd is always high. Thank for such great content.
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Thank for your nice words friend ...
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Nice information
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Thank you my friend
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Awesome and helpful information given by you sir @googlee
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Hay thanks my friend
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all member love steemit
greetings @walidsalah
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Thank for your nice comment.
Yes you are right we all love steemit.
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Good post, thanks
Follow me on @Missbitcoin
Cheers
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Hay thanks my friend
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thank you for impormation bro
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Thank you my friend
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Good
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Thank my friend
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Good post dude :-)
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Thank you friend
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Good
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This post has received gratitude of 0.79 % from @appreciator thanks to: @funatoz.
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This post has received a 11.54 % upvote from @lovejuice thanks to: @funatoz. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.
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This post has received a 6.8 % upvote from @boomerang thanks to: @funatoz
@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read the @boomerang whitepaper.
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This post has received a 4.08 % upvote from thanks to: @funatoz.
For more information, click here!!!!
The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!
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This post has received a 0.80 % upvote from @buildawhale thanks to: @googlee. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
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