create account

Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday by dan-atstarlite

View this thread on: hive.blogpeakd.comecency.com
· @dan-atstarlite ·
$164.57
Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday
## Exploring some of the effects that Steem Dollars have on the price of STEEM
#
<iframe width="560" height="315" src="https://www.youtube.com/embed/E1J4NaRN4wI" frameborder="0" allowfullscreen></iframe>

## This is kind of a complicated subject... let me know what you think!

#
Peace,
dan-atstarlite

ps. Here's the [link](https://steemit.com/steemfilm/@steemfilm/introducing-steemfilm-a-production-house-for-film-on-the-steem-blockchain) to our @steemfilm introduction post incase you missed it;)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 38 others
properties (23)
authordan-atstarlite
permlinkwhy-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday
categorysteem
json_metadata{"tags":["steem","steemdollars","cryptocurrency","vlog"],"users":["steemfilm"],"image":["https://img.youtube.com/vi/E1J4NaRN4wI/0.jpg"],"links":["https://www.youtube.com/embed/E1J4NaRN4wI","https://steemit.com/steemfilm/@steemfilm/introducing-steemfilm-a-production-house-for-film-on-the-steem-blockchain"],"app":"steemit/0.1","format":"markdown"}
created2017-06-16 19:51:03
last_update2017-06-16 19:51:03
depth0
children12
last_payout2017-06-23 19:51:03
cashout_time1969-12-31 23:59:59
total_payout_value136.106 HBD
curator_payout_value28.460 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length499
author_reputation45,283,606,119,504
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,036,638
net_rshares7,647,555,120,568
author_curate_reward""
vote details (102)
@bluehorseshoe ·
$1.44
Good observation, thank you for posting.
👍  
properties (23)
authorbluehorseshoe
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t212544257z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 21:25:45
last_update2017-06-16 21:25:45
depth1
children0
last_payout2017-06-23 21:25:45
cashout_time1969-12-31 23:59:59
total_payout_value1.084 HBD
curator_payout_value0.359 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length40
author_reputation9,766,510,656,462
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,042,608
net_rshares67,396,254,148
author_curate_reward""
vote details (1)
@brianphobos ·
$3.12
Great Job Dan!  I have been trying to track the price differential between Steem and Steem Dollars in an attempt to trade my Steem Dollars for STEEM and come out ahead and have more upside with STEEM.    It is sort of a hard thing to figure out.  A lot of unknowns.  
If you notice there is no interest being paid to Steem Dollars now in an attempt to dissuade people from holding it.  When it goes under a dollar the interest rate is raised in an attempt to encourage people to hold more of it and not sell it.  Tough balancing act.
👍  
properties (23)
authorbrianphobos
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t220215109z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 22:02:15
last_update2017-06-16 22:02:15
depth1
children2
last_payout2017-06-23 22:02:15
cashout_time1969-12-31 23:59:59
total_payout_value2.342 HBD
curator_payout_value0.779 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length533
author_reputation170,914,420,232,489
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,045,009
net_rshares145,871,512,453
author_curate_reward""
vote details (1)
@dan-atstarlite ·
That's a good point about the interest rate. At first I thought Steem Dollars would crash back down to the peg.. but now I think the only thing that might bring it back down would be a crash in the whole crypto market.
properties (22)
authordan-atstarlite
permlinkre-brianphobos-re-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170617t185850398z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-17 18:58:51
last_update2017-06-17 18:58:51
depth2
children1
last_payout2017-06-24 18:58:51
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_length218
author_reputation45,283,606,119,504
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,116,576
net_rshares0
@brianphobos ·
Yeah it sort of surprises me as well.
properties (22)
authorbrianphobos
permlinkre-dan-atstarlite-re-brianphobos-re-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170617t192420295z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-17 19:24:21
last_update2017-06-17 19:24:21
depth3
children0
last_payout2017-06-24 19:24:21
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_length37
author_reputation170,914,420,232,489
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,118,296
net_rshares0
@fortified ·
Thank you this was much needed knowledge. And you picked a nice day and place to deliver it from by the looks of it. Shared.
properties (22)
authorfortified
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t233705400z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 23:37:09
last_update2017-06-16 23:37:09
depth1
children0
last_payout2017-06-23 23:37:09
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_length124
author_reputation38,014,334,194,654
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,050,534
net_rshares0
@hms818 ·
Thanks for sharing details about SP & SD... From now on i will only cashout in SD.
properties (22)
authorhms818
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t200829313z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 20:08:27
last_update2017-06-16 20:08:27
depth1
children0
last_payout2017-06-23 20:08:27
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_length82
author_reputation11,503,740,391,093
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,037,761
net_rshares0
@jaybird ·
$3.28
Interesting topic dude, I always appreciate the insights you offer. I haven't hear too much on this one either.

* I did read a post that suggested we always do 50/50 payout on blogs because one can actually obtain more Steem by buying it with the accumulated SBD than what would be paid out by choosing 100% SP.  

* I wonder if the intention of SBD by the creators was in fact to really just support the growth of Steem.  "Taking the pressure off of it" as u suggested while adding to, or reenforcing rather it's overall strength.  

* Almost like another type of fail safe.  I already view the fact that you cannot power down all at once as a sort of "fail safe" for Steem.
👍  ,
properties (23)
authorjaybird
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t202613628z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 20:26:12
last_update2017-06-16 20:26:12
depth1
children0
last_payout2017-06-23 20:26:12
cashout_time1969-12-31 23:59:59
total_payout_value2.466 HBD
curator_payout_value0.818 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length676
author_reputation382,564,786,007,040
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,038,837
net_rshares152,997,302,762
author_curate_reward""
vote details (2)
@owura ·
Thanks for sharing

I have upvoted your post!
👍  
properties (23)
authorowura
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170616t195422899z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-16 19:54:36
last_update2017-06-16 19:54:36
depth1
children0
last_payout2017-06-23 19:54:36
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_length45
author_reputation82,791,760,593
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,036,869
net_rshares152,601,040
author_curate_reward""
vote details (1)
@v4vapid ·
Hi @dan-atstarlite, thanks for this informative video. 

I have a question that I've posed to other Steemians about SBD/Steem but i haven't received a decent answer. Maybe you have an idea.

My question is about payouts: 50/50 vs full power.

Recently, I've noticed that with the 50/50 payout...we don't actually receive equal SBD to SP. 
Here's a screen shot of what i'm talking about:

![v4vapid — Steemit(13).png](https://steemitimages.com/DQmQtbb1eASq85DMLGHLrxLULjQrAZWVUQRS6wWXda7gK99/v4vapid%20%E2%80%94%20Steemit(13).png)

So this post earned about 34 dollars and curation is about 8. So with the 50/50 payout you would expect about 12SBD and 12 SP, right?

![v4vapid — Steemit(14).png](https://steemitimages.com/DQmUe3foPRWhKznHJYSpVd5syDTEz2DmLJHxDHxBPHamtCs/v4vapid%20%E2%80%94%20Steemit(14).png)

But that isn't the case as SBD was 12 and SP was 6.

So my question is:

Is the amount of payout calculated in Steem and therefore since the price of Steem has increased and surpassed SBD in the last month, is this why SP payouts appear to be half of SBD?

That's my best guess. I'm just looking for confirmation or some kind of explanation for this.

Cheers, thanks
properties (22)
authorv4vapid
permlinkre-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170617t012816911z
categorysteem
json_metadata{"tags":["steem"],"users":["dan-atstarlite"],"image":["https://steemitimages.com/DQmQtbb1eASq85DMLGHLrxLULjQrAZWVUQRS6wWXda7gK99/v4vapid%20%E2%80%94%20Steemit(13).png","https://steemitimages.com/DQmUe3foPRWhKznHJYSpVd5syDTEz2DmLJHxDHxBPHamtCs/v4vapid%20%E2%80%94%20Steemit(14).png"],"app":"steemit/0.1"}
created2017-06-17 01:28:18
last_update2017-06-17 01:28:18
depth1
children2
last_payout2017-06-24 01:28:18
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_length1,175
author_reputation227,173,587,450,152
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,056,081
net_rshares0
@dan-atstarlite ·
$0.36
Yes, the 6.474 SP is with worth the same amount in US dollars as 12.992 SBD. 

6.474 x (the price of STEEM) = 12.992

That's how they are equal, not equal in numbers but equal in value. Make sense?
👍  ,
properties (23)
authordan-atstarlite
permlinkre-v4vapid-re-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170617t061207827z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-17 06:12:06
last_update2017-06-17 06:12:06
depth2
children1
last_payout2017-06-24 06:12:06
cashout_time1969-12-31 23:59:59
total_payout_value0.342 HBD
curator_payout_value0.015 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length197
author_reputation45,283,606,119,504
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,070,676
net_rshares16,783,437,684
author_curate_reward""
vote details (2)
@v4vapid ·
$3.19
It makes total sense, thanks for taking the time to respond:)
👍  
properties (23)
authorv4vapid
permlinkre-dan-atstarlite-re-v4vapid-re-dan-atstarlite-why-the-crypto-market-has-already-priced-in-a-large-consistent-amount-of-new-steem-being-cashed-out-everyday-20170617t061820578z
categorysteem
json_metadata{"tags":["steem"],"app":"steemit/0.1"}
created2017-06-17 06:18:24
last_update2017-06-17 06:18:24
depth3
children0
last_payout2017-06-24 06:18:24
cashout_time1969-12-31 23:59:59
total_payout_value3.154 HBD
curator_payout_value0.038 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length61
author_reputation227,173,587,450,152
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,070,957
net_rshares149,344,643,702
author_curate_reward""
vote details (1)
@xdark23 ·
Stemmit It will, give back the rewards to the people and not to the big Companies ! ![image](https://i.imgur.com/0z5rozr.png) 
👍  
properties (23)
authorxdark23
permlinkre-dan-atstarlite-2017616t235046378z
categorysteem
json_metadata{"tags":"steem","app":"esteem/1.4.5","format":"markdown+html","community":"esteem"}
created2017-06-16 21:50:48
last_update2017-06-16 21:50:48
depth1
children0
last_payout2017-06-23 21:50:48
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_length126
author_reputation91,405,120,287
root_title"Why The Crypto Market Has Already Priced In a Large Consistent Amount of New STEEM Being Cashed-Out Everyday"
beneficiaries
0.
accountesteemapp
weight500
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,044,254
net_rshares681,282,569
author_curate_reward""
vote details (1)