RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).

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Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).

in steemit •  7 years ago 

Hi @vimukthi

It sounds like you are really informed when it comes to the Steemit platform. Where can I read up on it some more?

Also, you mention:

That was the original intention.

Do you think SBD will fall away? Is there really that much SBD offer which we cannot do with Steem?

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https://steemit.com/faq.html is a great place to start. I picked up most of my knowledge reading posts written by developers/witnesses. It all happened organically and my knowledge about the blockchain is only "Above Average".

Here are few more cool tools to check out: https://helloacm.com/tools/steemit/
A little old post of mine: https://steemit.com/steemit/@vimukthi/sharing-some-of-my-steemit-wisdom-after-228-days-and-1000-followers-a-collection-of-tips-useful-sites-apps-built-on-steem-and

Great place to learn and observe stuff created by @drakos: https://steemian.info

The difference between SBD and STEEM is that SBD has a price floor of 1 USD. In any case SBD price go below 1 USD, you can buy some in the market and convert each SBD into 1 USD worth STEEM. That's how it was designed to be. You can't buy VESTS with SBD you need STEEM to power up. Other than that they are mostly similar things.