RE: Someguy123 Witness Feed reduced by 12% (from 10%)

You are viewing a single comment's thread from:

Someguy123 Witness Feed reduced by 12% (from 10%)

in witness-category •  8 years ago 

Can you explain something please ?
Because SBD is still only trading at ~$0.90

You are posting the price feed of STEEM in parity with USD.

STEEM value can drop to $0.01 while SBD value won't move a mark over or under ~ $0.90.

I really don't understand your statement also the reason of this post.

Please enlighten me.

witness-category
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    When using the internal 7 day exchange, you are (supposed to be) paid roughly $1 of STEEM per SBD.

    By witnesses reducing their price feeds, they increase the amount of STEEM you get per SBD, thus forcing traders to trade SBD on normal exchanges at a higher rate.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00