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Aaaaaaaaaaand There It Is!!! Are SBDs Still Trading At A Premium???
8 years ago by shayne (68)
$0.31
- Past Payouts $0.31
- - Author $0.28
- - Curators $0.04
25 votes
- + themonetaryfew: $0.079 (100%)
- + seablue: $0.065 (100%)
- + awgbibb: $0.036 (100%)
- + avarice: $0.030 (41%)
- + demotruk: $0.020 (1%)
- + shayne: $0.014 (100%)
- + jmt: $0.010 (100%)
- + jang: $0.010 (55%)
- + illuminated: $0.009 (100%)
- + frankbacon: $0.009 (100%)
- + runridefly: $0.008 (9%)
- + ancapwarren: $0.006 (100%)
- + vandalizmrecordz: $0.003 (100%)
- + rahul.stan: $0.003 (100%)
- + dakashin: $0.002 (100%)
- + cryptocash: $0.002 (50%)
- + crowdedmind: $0.001 (100%)
- + brianadams: $0.001 (100%)
- + cvanlaer: $0.001 (100%)
- + cassidyandfranks: $0.001 (100%)
- … and 5 more
Yep: http://steemdollar.com/
Funny thing is, I don't see why they will go down in price. The "peg" is a bit broken on the upside lately.
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Well, where's the best exchange for that? They're all over the place. I can't use Poloniax because I'm from WA. Changely looks like the best option other than that.
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Bittrex is your next best option: https://coinmarketcap.com/currencies/steem-dollars/#markets
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Checking that out now. Thanks.
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Bittrex had the highest premium pretty recently.
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Holy shit this website is complicated!! lol
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The problem is... there is no peg to the downside. All they can do is lower interest rates to 0 and eliminate the conversion premium. Unless they apply negative interests or a negative conversion premium, both of which are rightly taboo IMO as they violate the social contract.
The SBD ultimately follows strict rules of creation, just like every other crypto. It is more like Bitcoin and other free floating currencies, except that it has a mechanism to protect a minimum value, where the risk is borne by Steem holders.
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Yep. I've heard some ideas floated around to convert the other direction, but I'm not sure that would work either. Thankfully, we're not using the military industrial complex to back fiat currency, so we take the good with the bad, I guess. :)
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How often do you get paid that kind of crypto?
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Every day on Steemit lately. I used to get paid about 1 Bitcoin per month a year ago.
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Damn. Teach me your ways oh Padawan Master
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Ooooo.. That's like a week's worth of pay here where I am.
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Steemit is definitely a great opportunity.
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Yes it's still premium.
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Indeed!
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WOW!
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#upvoted there it iz. Slap it in the #boombox tag too!
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word
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