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Switch your posts to 100% power up! SBD price now in the gutter. by broncnutz

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· @broncnutz ·
$92.60
Switch your posts to 100% power up! SBD price now in the gutter.
They say you wanna buy any asset when there is β€œblood in the streets” and today the Steem back dollar has officially reached the bloody stage we all knew was coming some day.  For those not in the know on Steemit.com, you always have the choice to split your payouts 50/50 between Steem & SBD OR choose the 100% power up option when posting. Many of you are confused on what is the right choice for optimal account growth here and today things have changed and the best thing you can do is make adjustments to your posting payouts to stay in front of the herd. 
![E9225EB9-D0C0-4B6A-B02E-6B3FA39B90C2.jpeg](https://cdn.steemitimages.com/DQmem7vUc1T2n4VFNobBph1AeWaNyWDsVdyju3wauvfq44J/E9225EB9-D0C0-4B6A-B02E-6B3FA39B90C2.jpeg)
The algorithm written for the Steem blockchain says the SBD price should be closely pegged to $1 USD but many of us had seen it balloon upto and well over 10.00 at some point. This phenomenon gave authors on Steemit a larger payout for posts because after getting paid with the SBD you could buy more Steem tokens than the post what designed to earn. The 50/50 option is what an author would want to choose anytime the SBD is valued over $1 because it allowed you to buy the most amount of Steem which is actually the token that powers the Steem blockchain. As of today this is no longer the case and your posting parameters should now be switched to 100% power up to maximize posting value because SBD are now under $1.  This ratio is always changing but recently the delvelopers and witnesses have regulated the Cryptocurrency to force the price back down to where it was designed to be. Is this a good thing? Well it depends on how you look at it. Personally I would like to see free un centralized blockchains where the market will dictate price discovery. I do however think the SBD at $1 is more healthy for the longevity of Steem and Steemit.com because posts making lots of money from upvotes are able to pick up enormous amounts of Steem when swapping the currencies after the post payouts. 
![4D23DCE0-327F-4728-86CF-9C150AA16031.jpeg](https://cdn.steemitimages.com/DQmNa1UNAS79XJEiXF3vPrtUMEFsiU5ESTt11v936JRRvw4/4D23DCE0-327F-4728-86CF-9C150AA16031.jpeg)
This price drop may be short lived and it may stay this way forever. The important take away from this post is understanding how this blockchain was designed and what is the best move for you as an author to achieve maximum results for your posting efforts. Don’t let this get you down, it may not last forever but even if it does you need to know the right play to get the best returns for your investment. Switch your posts to 100% power up for now and closely watch the price of SBD to ensure you make the most money for your content. The switch can be done by changing the option of post payout under the settings tab. There used to be a box you could check on the posting page but it has since been removed and now it can only be found under the settings tab.

Good luck and Steem on Suckas!
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 118 others
properties (23)
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vote details (182)
@a-0-1 ·
Please upvote: https://steemit.com/free/@bible.com/4qcr2i
properties (22)
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@abdulmanan ·
$0.09
This is fucking horrible. I never ever sbd would come this far :(
πŸ‘  ,
properties (23)
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vote details (2)
@phoneinf ·
What is horrible? Now is when you make money.
properties (22)
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@abhishek124103 ·
$0.09
hey thanks for information i just switch after reading this thanks again
πŸ‘  
properties (23)
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vote details (1)
@ashasikder ·
Great idea sir,thanks for letting us know but is it really tough for sbd now to reach 5$ what are your suggestions.
properties (22)
authorashasikder
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@ashike ·
$0.09
Your posts are very interesting especially for me who is 
still a beginner and I have to learn more do you want to be a 
teacher for me.
πŸ‘  ,
properties (23)
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vote details (2)
@benash ·
Sir should i change to 100% power up.
properties (22)
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@blazing ·
$0.09
time to do that you are very right its going to be more beneficial
πŸ‘  
properties (23)
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vote details (1)
@broncofan99 ·
$0.09
I have been watching and monitoring this situation closely as SBD has continued to fall. That $1 mark is a crucial moment when you have to change things up. Don’t fear change people just make sure you are making the right decisions to maximize your efforts. This might be a fantastic time to swipe up some of these tokens as well. I don’t see Steem sitting this low forever and you’ll have a smile on your face later if you dig your heels in and grab some more. Sunday Bloody Sunday can’t last.
πŸ‘  
properties (23)
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vote details (1)
@coin-updates ·
$0.09
@broncnutz  can i purchase power to improve my profile????
πŸ‘  
properties (23)
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vote details (1)
@broncnutz ·
Yes!best place to do it is probably binance or bitrex
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@crypto-mammoth ·
$0.09
Now that SBD has come to cca 1 $ at least we know that there will not be any radical change anymore downhill.
Or not?
πŸ‘  
properties (23)
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vote details (1)
@crypto.piotr ·
hi @broncnutz

you've wrote:
"you always have the choice to split your payouts 50/50 between Steem & SBD OR choose the 100% power up option when posting"

I always used to have that option but I dont see it any more. Are you sure it's not disabled already?

Great post. upvoted big time
Piotr
properties (22)
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@crypto.piotr ·
$0.19
I just found out that you actually answered my question at the bottom of your post @broncnutz

> The switch can be done by changing the option of post payout under the settings tab. There used to be a box you could check on the posting page but it has since been removed and now it can only be found under the settings tab.

Great job! 
Thanks
πŸ‘  ,
properties (23)
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vote details (2)
@deepthim ·
Thanks for sharing sir actually its not a bad idea to power up now.
properties (22)
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@fatherfaith ·
$0.09
Thanks for this great information 
We all need to power up now and watch the price for the next move
πŸ‘  
properties (23)
authorfatherfaith
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vote details (1)
@feelsomoon ·
$0.09
Im powering up 100 percent all the time. Im glad it benefits me right now.
πŸ‘  ,
properties (23)
authorfeelsomoon
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vote details (2)
@firecajun9262 ·
$0.03
Thanks for the information. I have been seeing a few other people contemplating about changing over to straight steem. i think it's time too.
πŸ‘  ,
properties (23)
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vote details (2)
@gduran ·
Yes, it is better to have the 100% option, except if you want to have some ready cash available.
properties (22)
authorgduran
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t064019843z
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json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 06:40:21
last_update2018-06-24 06:40:21
depth1
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last_payout2018-07-01 06:40:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length96
author_reputation59,034,024,264,591
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,007,752
net_rshares0
@googlefighter ·
$0.09
Does this work well,hope market will recover soon.
πŸ‘  
properties (23)
authorgooglefighter
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t131919094z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 13:19:24
last_update2018-06-24 13:19:24
depth1
children0
last_payout2018-07-01 13:19:24
cashout_time1969-12-31 23:59:59
total_payout_value0.070 HBD
curator_payout_value0.022 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length50
author_reputation482,201,915,889
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,044,718
net_rshares46,266,961,861
author_curate_reward""
vote details (1)
@gungadin ·
$0.11
Thanks for the info....it does give us information to make an informed decision. I'm still new to this and have small goals set. Once I get past - minnow (Plankton) - I will be able to prosper from your recommendations. Cheers GUNGA
πŸ‘  
properties (23)
authorgungadin
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180626t045224746z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-26 04:52:30
last_update2018-06-26 04:52:30
depth1
children0
last_payout2018-07-03 05:36:09
cashout_time1969-12-31 23:59:59
total_payout_value0.085 HBD
curator_payout_value0.028 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length232
author_reputation72,063,439,190
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,294,097
net_rshares46,266,961,861
author_curate_reward""
vote details (1)
@kamchore ·
$0.10
Thanks for sharing nice tips with your followers. It reveals you care your followers very much. Keep sharing @broncnutz
πŸ‘  ,
properties (23)
authorkamchore
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t061532799z
categorysteem
json_metadata{"tags":["steem"],"users":["broncnutz"],"app":"steemit/0.1"}
created2018-06-24 06:15:33
last_update2018-06-24 06:15:33
depth1
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cashout_time1969-12-31 23:59:59
total_payout_value0.082 HBD
curator_payout_value0.017 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length119
author_reputation114,339,687,060,741
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,005,666
net_rshares50,561,323,662
author_curate_reward""
vote details (2)
@kata ·
$4.80
Nice! The peg is working!
πŸ‘  
properties (23)
authorkata
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t063310041z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 06:33:09
last_update2018-06-24 06:33:09
depth1
children0
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cashout_time1969-12-31 23:59:59
total_payout_value3.599 HBD
curator_payout_value1.199 HBD
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body_length25
author_reputation20,094,185,833,899
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,007,141
net_rshares2,381,337,583,642
author_curate_reward""
vote details (1)
@littymumma ·
$0.16
In a bear market SBD is much more valuable than steem who knows steem could all way go to 0.5 or 0.6 should BTc hit 4k or below. But at the same time considering a 7 days payout it is always good to switch for 100% power up.
πŸ‘  
properties (23)
authorlittymumma
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t082301386z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 08:23:06
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depth1
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total_payout_value0.117 HBD
curator_payout_value0.039 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length224
author_reputation9,100,456,404,740
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,016,948
net_rshares78,390,919,945
author_curate_reward""
vote details (1)
@manilagg · (edited)
$0.09
I am new to the steemit community and it is very demotivating right now to see the price of SBD falling... so badly
Though I am hoping that its a bear phase in the complete market which will probably soon subside..

But having said that I'm in favor of this down the road if steemit can substantially grow its user base and thus the marketcap to the point where SBD can actually serve it's function as a stable asset... we definitely need more stability in cryptos for them to be used against fiat....

Also, have a question..? Is it a good time to buy STEEM DOLLAR ?

Following your suggestion @broncnutz of 100% power up for the time being.. Thank you
πŸ‘  
properties (23)
authormanilagg
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t085115579z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1","users":["broncnutz"]}
created2018-06-24 08:51:21
last_update2018-06-24 08:54:33
depth1
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cashout_time1969-12-31 23:59:59
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author_reputation1,339,114,001,191
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,019,479
net_rshares46,145,979,053
author_curate_reward""
vote details (1)
@broncnutz ·
I would never buy SBD....just earn them. It’s a great time to buy Steem though which is the actual token that powers the blockchain.
πŸ‘  
properties (23)
authorbroncnutz
permlinkre-manilagg-re-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180625t065154009z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-25 06:51:54
last_update2018-06-25 06:51:54
depth2
children1
last_payout2018-07-02 06:51:54
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body_length132
author_reputation938,131,372,412,769
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id62,151,849
net_rshares5,223,900,468
author_curate_reward""
vote details (1)
@manilagg ·
Thank you :))
properties (22)
authormanilagg
permlinkre-broncnutz-re-manilagg-re-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180625t065546975z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-25 06:55:48
last_update2018-06-25 06:55:48
depth3
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body_length13
author_reputation1,339,114,001,191
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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post_id62,152,173
net_rshares0
@opeyemioguns ·
$0.09
You are right with that advice, switching to 100% power Up should be the best these days cos no One would want to sell off the SBD in low price but once voting power is high, it shall be gained later, it would just be like investment
πŸ‘  
properties (23)
authoropeyemioguns
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t065435738z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 06:54:42
last_update2018-06-24 06:54:42
depth1
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author_reputation144,559,375,110,171
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,008,853
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vote details (1)
@otage ·
$0.09
Thanks! I noticed that SBD dropped below a dollar. The only problem I see is that it may not last long and since payouts are not paid for 7 days I'm betting that SBD is going over a dollar before the payout comes through. If it becomes clear that its gonna stay depressed for a while I will switch to full power up. I do want the most steem power possible but I also want to play the SBD market to try to grab more steem power. Been struggling almost a year now and probably gonna give it up if I can't make headway before my anniversary date rolls around next month.
πŸ‘  
properties (23)
authorotage
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t180529337z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 18:05:30
last_update2018-06-24 18:05:30
depth1
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last_payout2018-07-01 18:05:30
cashout_time1969-12-31 23:59:59
total_payout_value0.068 HBD
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body_length567
author_reputation193,590,845,586,732
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
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max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,079,746
net_rshares46,145,964,432
author_curate_reward""
vote details (1)
@pardeepkumar ·
It's good tips for steemit users
properties (22)
authorpardeepkumar
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180625t012718101z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-25 01:27:24
last_update2018-06-25 01:27:24
depth1
children1
last_payout2018-07-02 01:27:24
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body_length32
author_reputation2,698,921,634,580
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
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max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,121,324
net_rshares0
@smartsourav ·
hi paedeep how r u ... i m newable  on steemit .. help me
properties (22)
authorsmartsourav
permlinkre-pardeepkumar-re-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180625t151249112z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-25 15:12:51
last_update2018-06-25 15:12:51
depth2
children0
last_payout2018-07-02 15:12:51
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body_length57
author_reputation9,550,677
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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post_id62,210,668
net_rshares0
@rchrzib ·
Thanks for your Information. Now I am seeing Steem Dollars price for today is $1.0205.
Steemit is a blogging and social networking platform. Those who are new, this time will be profitable to buy SBD for her. and on the other side Those who sell  SBD he will be harmed.
properties (22)
authorrchrzib
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t092549147z
categorysteem
json_metadata{"tags":["steem"],"community":"busy","app":"busy/2.4.0"}
created2018-06-24 09:25:51
last_update2018-06-24 09:25:51
depth1
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body_length269
author_reputation8,827,888,535
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,022,416
net_rshares0
@realestatecoach ·
$0.19
Just saw this post.  I think this is the best one you have done to help people position themselves.  Thanks.
πŸ‘  , ,
properties (23)
authorrealestatecoach
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180701t120830789z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-07-01 12:08:30
last_update2018-07-01 12:08:30
depth1
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cashout_time1969-12-31 23:59:59
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curator_payout_value0.045 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length108
author_reputation2,107,759,128,838
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,989,379
net_rshares80,460,841,475
author_curate_reward""
vote details (3)
@rehan12 ·
$0.09
Well it sure was expected and as for the post payouts will select few to see out the results !

Well like you said  no one knows how long will it stay this way !

Lets hope for the best !
πŸ‘  
properties (23)
authorrehan12
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t181410259z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 18:14:15
last_update2018-06-24 18:14:15
depth1
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body_length187
author_reputation1,008,357,366,717,768
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,080,764
net_rshares46,145,964,432
author_curate_reward""
vote details (1)
@rishabh2s ·
Thanks. Some valid points here
properties (22)
authorrishabh2s
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t075934140z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 07:59:33
last_update2018-06-24 07:59:33
depth1
children0
last_payout2018-07-01 07:59:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
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body_length30
author_reputation806,753,147,393
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,014,729
net_rshares0
@samuel-swinton ·
$0.09
Actually, 50/50 and 100% power up are about equal right now. Personally, I am still doing 50/50 in case the witnesses increase the interest rate.
πŸ‘  
properties (23)
authorsamuel-swinton
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t065459679z
categorysteem
json_metadata{"tags":["steem"],"community":"busy","app":"busy/2.4.0"}
created2018-06-24 06:55:00
last_update2018-06-24 06:55:00
depth1
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body_length145
author_reputation29,718,575,597,097
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,008,877
net_rshares46,145,964,432
author_curate_reward""
vote details (1)
@shaifullah ·
How did Steemit feel like a drug like a drug?
properties (22)
authorshaifullah
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t160711579z
categorysteem
json_metadata{"tags":["steem"],"community":"busy","app":"busy/2.4.0"}
created2018-06-24 16:07:15
last_update2018-06-24 16:07:15
depth1
children0
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body_length45
author_reputation568,994,336,827
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
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post_id62,065,516
net_rshares0
@shila ·
$0.09
Thanks for the information. I have been seeing a few other people contemplating about changing over to straight steem. thanks @broncnutz
πŸ‘  ,
properties (23)
authorshila
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t063207495z
categorysteem
json_metadata{"tags":["steem"],"users":["broncnutz"],"app":"steemit/0.1"}
created2018-06-24 06:32:15
last_update2018-06-24 06:32:15
depth1
children0
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total_payout_value0.070 HBD
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body_length136
author_reputation-1,128,268,822,620
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,007,063
net_rshares46,198,783,797
author_curate_reward""
vote details (2)
@smartsourav ·
Ohh... nice information for me ... waiting for next knowledgeable post... 
Thanks for sharing .... best of luck sir
properties (22)
authorsmartsourav
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180625t151106662z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-25 15:11:09
last_update2018-06-25 15:11:09
depth1
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body_length115
author_reputation9,550,677
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id62,210,444
net_rshares0
@smhp2016 ·
$0.09
last few days it gets horrible.the rate is too low.sometime bit confusing, what will be the right step.lets see how far the drama goes..
tnx man for post.
πŸ‘  
properties (23)
authorsmhp2016
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t094336347z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2018-06-24 09:43:39
last_update2018-06-24 09:43:39
depth1
children0
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body_length154
author_reputation-9,424,170,139
root_title"Switch your posts to 100% power up! SBD price now in the gutter."
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vote details (1)
@ssjsasha ·
$0.11
if sbd drops to below $1 like $0.70 or less how is the price "pushed" back up to $1?

I also agree that the free market should decide the price instead of placed mechanisms to force the price peg. But I understand how it can quickly become unsustainable to have sbd at high prices.

The whole reason sbd spiked was because after the tether fud rumors started people flooded to sbd which they thought was also a tether style dollar coin
πŸ‘  ,
properties (23)
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vote details (2)
@exyle · (edited)
$0.03
You can always convert an SBD for $1 worth of STEEM (function in the blockchain). So when STEEM is 10 cent you can convert an SBD to 10 STEEM (over 7 days). This works even though an SBD might trade for 50 cent on the markets. This is how the peg is maintained on the underside.
πŸ‘  , , ,
properties (23)
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vote details (4)
@exyle ·
EDIT: I did some extra research. I think I found some limitations in the whitepaper. I wrote about it in my blog.
properties (22)
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@opeyemioguns ·
Yea you are right, I always do that too
properties (22)
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@therealwolf ·
Exactly. That way - SBD is a lot more valuable in a bear market in comparison to STEEM.
properties (22)
authortherealwolf
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@samuel-swinton ·
$0.09
If the price drops below $1 then the witnesses will set an interest rate for held SBD. This encourages people to hold rather than sell, decreasing the SBD on the market. Lower supply puts upward pressure on the price.
πŸ‘  ,
properties (23)
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vote details (2)
@themobilewriter ·
$0.09
Every new investor now is heart broken because of the falling prices. Every new user is REKT. If they had invested 1000$, now they are left with only 200$. To even get the invested amount back the value must now increase 4 to 5 times which is now gonna take a lot of time.
πŸ‘  
properties (23)
authorthemobilewriter
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vote details (1)
@dekimqik ·
$0.09
Dont worry too much about the bigger picture - concentrate on gaining your ether or BTC or whatever you choose as your trading pair for now i think, we will have plenty of time to worry about overall market prices when we need to cash out to fiat again. 

Make sure you do not invest anything you cannot afford and you wont be forced to cash out at a bad price, but instead wait until the ETH or BTC you have gained is at a price that YOU are happy with. Just my 2 cents :)
πŸ‘  
properties (23)
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vote details (1)
@trending2018 · (edited)
$0.09
This is very much confused situation for new steemit users. So it is better to leave the settings as default for at least one month.  So after one month the new users are more familiar with steemit and they can decide what they should do.  For new users I would recommend them to focuss only in creating new post, Upvote if they like the post and write useful and good comments.
πŸ‘  ,
properties (23)
authortrending2018
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vote details (2)
@imryas ·
@ trending2018 .what you recommend for  older steemit family members who still could not earn and make enough reputation ,regards
properties (22)
authorimryas
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@tts ·
$0.09
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/broncnutz__switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
πŸ‘  
properties (23)
authortts
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vote details (1)
@vaerospace ·
How low can it go , pennies ? micro pennies IDGF units ? https://steemit.com/steemit/@vaerospace/steemit-is-tanking
properties (22)
authorvaerospace
permlinkre-broncnutz-switch-your-posts-to-100-power-up-sbd-price-now-in-the-gutter-20180624t111149147z
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@vishal121 ·
Thx sir for the info
properties (22)
authorvishal121
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@wolfnworbeikood ·
Much respect for this... Days are dim but we are still thriving! Good info sir... Resteemed
properties (22)
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@zohaib336 ·
Very sad and unpredictable news. I cant imagine the sbd value like this.
πŸ‘  ,
properties (23)
authorzohaib336
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vote details (2)
@zzp ·
OG @broncnutz hello! So much I need to learn about Steemit, but first, I need to post something to even try this 100% power up. Thank you for the enlightenment on this matter OG, much appreciated!

Have a good one!
properties (22)
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