Viewing a response to: @greer184/unpegged-sbd-a-pointless-speculative-asset
Sbd is capturing some of the gains that should accrue to steem. If we increased supply of Sbd and reduced supply of Sbd steem would go up while Sbd down. The best way to do this is allow post to pay out 100 pct Sbd. Then the supply will double and steem supply will grow slower leading to steem up and Sbd down. This seems like an obvious move. It takes so long to change things here though.
| author | ender |
|---|---|
| permlink | re-greer184-unpegged-sbd-a-pointless-speculative-asset-20180124t180823673z |
| category | sbd |
| json_metadata | {"tags":["sbd"],"app":"steemit/0.1"} |
| created | 2018-01-24 18:08:30 |
| last_update | 2018-01-24 18:08:30 |
| depth | 1 |
| children | 2 |
| last_payout | 2018-01-31 18:08:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.248 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 391 |
| author_reputation | 1,104,157,879,002 |
| root_title | "Unpegged SBD: A Pointless Speculative Asset" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 31,985,774 |
| net_rshares | 24,648,383,948 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| ender | 0 | 20,020,355,355 | 100% | ||
| nathen007 | 0 | 4,628,028,593 | 26% |
It's hard to say given the speculation outside of the ecosystem. I'm sure some wealthy individuals simply use SBD as a pump and dump instrument given its scarcity.
| author | greer184 |
|---|---|
| permlink | re-ender-re-greer184-unpegged-sbd-a-pointless-speculative-asset-20180124t182558231z |
| category | sbd |
| json_metadata | {"tags":["sbd"],"app":"steemit/0.1"} |
| created | 2018-01-24 18:26:00 |
| last_update | 2018-01-24 18:26:00 |
| depth | 2 |
| children | 1 |
| last_payout | 2018-01-31 18:26:00 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.054 HBD |
| curator_payout_value | 0.016 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 163 |
| author_reputation | 12,340,680,341,190 |
| root_title | "Unpegged SBD: A Pointless Speculative Asset" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 31,989,224 |
| net_rshares | 7,119,435,977 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| ender | 0 | 7,119,435,977 | 41% |
I think itโs rising for the same reason as ebtc and bitcoin itself. Limited supply plus a solid use case (remittances or hashing power or even) lead to an appreciating store of value asset. Thatโs fine but if we have a good store of value asset we should increase supply so it can be more widely used. Itโs value as store of value asset will go up the more people have it and the less volatile it is.
| author | ender |
|---|---|
| permlink | re-greer184-re-ender-re-greer184-unpegged-sbd-a-pointless-speculative-asset-20180124t204532692z |
| category | sbd |
| json_metadata | {"tags":["sbd"],"app":"steemit/0.1"} |
| created | 2018-01-24 20:45:36 |
| last_update | 2018-01-24 20:46:27 |
| depth | 3 |
| children | 0 |
| last_payout | 2018-01-31 20:45:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.070 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 400 |
| author_reputation | 1,104,157,879,002 |
| root_title | "Unpegged SBD: A Pointless Speculative Asset" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 32,015,364 |
| net_rshares | 7,119,435,977 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| ender | 0 | 7,119,435,977 | 41% |
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