I agree with your idea...

Its very difficult to check it on daily basis, as already SP and SBD concept designed to reduce the speculations and SBD requires a combination of a reliable price feed.

Thats a great content i appreciate to your blog..especially thanks for discuss about sbd...And steem..Carry on my friend..Resteemit..

Mhh, I think you are too hard on those "ignorant crypto traders". After all the  high SBD price is not really hurting the platform (maybe the 3 merchants we have here), quite the opposite we get 5x our rewards in USD. 

There might also be the case that SBD provides certain utility through its properties (scarce, limited mining, 1-Dollar floor) that give it an additional Use Case that was not originally intended.

I dont think we should fight the SBD high, just enjoy it :D

Yes agree that all reasons dropped by you will surely improve the steem blockchain, but having a 100%sbd would probably lead to converting of sbd into other crypto coin with the fear of the price dropping down overnight and thus creating less conversion from steem to steempower, due to the absent of steem been generated anymore and users not willing to convert sbd to steem.

Which I believe is responsible for the reward we see today.

I'm trying to get the hang of all this. Thank you for the info. I'm new to crypto, but Ive been posting here since July. Just now started learning about how the market works, so thank you for the info. Is our goal as a site to get as many new people as possible? If so, I have a lot of reach with my youtube channel. Should I bring them here?

I think it makes sense and it would help people at SteemIt obtain more Steem power at an accelerated pace at least during times of inflated SBD values.

Each day when I think I've got a fairly good idea of steemit, a new area of development emerges out of nowhere

All I know is I enjoy the sbd rewards :D

i also agree with your idea...Thats a great content i appreciate to your blog..especially thanks for discuss about sbd.. follow me up.. @rajat1802

@liberosist, the issuance ratio is actually dynamically adjusted based on the witnesses signaling. 100% SBD issuance sounds tempting, however I think this is unsustainable as it would break the 5% "debt-to-ownership" ratio that is outlined as a balanced state for the STEEM economy in the whitepaper.

This is such a briliant analysis.

Great job bro 

I think it makes sense

When I was last posting on Steemit some months back wasn't the price of Steem was suppose to tend towards being worth $1? I guess I have a lot of catching up to do. Thanks for the carefully laid out info!

Since you only bothered to downvote my comment, at full power, but not leave a reason, would you care to do so here?

Why does the truth hurt your little feelers?

>The Steem blockchain has an interesting feature when SBD debt is too high. If the SBD debt exceeds 2% of Steem market cap, author rewards split starts deviating from 50% SP + 50% SBD, producing some Steem instead of SBD. At 3.5%, it is 50% SP + 25% SBD + 25% Steem. At SBD debt hitting and exceeding 5%, all SBD production stops, and author rewards are given out at 50% SP + 50% Steem.

Where did you find out about this?  And shouldn't their reward splitting selection thingy have this disclaimer on it?

https://steemit.com/steemit/@luzclaritareyes/i-am-new-to-steemit-luz-clarita-reyes-introduce-your-self

"On a related note, I see a lot of authors sell SBDs and buy Steem. This would also be accelerated two folds, again leading to a higher Steem price."

I do that, I think steem can have a big rise next year

So I guess this is up for the witnesses?

SBD is slightly keeping or losing its price, while Steem is hitting new hights today. Steem is at around 50% of SBD. Remember when it was worth 14% of SBD and all traders were hording Steem?

This is a great idea @liberosist Steem has allowed for the unique opportunity to balance its own economy through the use of the three different types of currency, I would like to see it fully utilised especially with the latest increases in value

I think it's pretty interesting and a good idea. I hope this decision will be made.

Objective Analysis Thank you
I invite you to follow up on my topics

Very interesting. That was new to me. Where can one read about the feature when SBD debt is too high? In the white paper or blue paper?

Maybe I have an intersting chart for you.  I made a post about SBD price, SBD supply and inflation. https://steemit.com/steem/@sevenseals/new-chart-steem-dollar-price-and-steem-dollar-supply-calculation-of-sbd-inflation
https://steemitimages.com/DQmWXxR3VTMiWyuP2FoKJ5tR8VoTABBFKfmViRQRXwf66EK/1111.jpg

I agree with you.  My understanding is that Steemit users represent about 15% of total steem supply.  The speculators betting on Steem Dollar are ignorant fools (or else genius market manipulators playing some game way beyond my understanding).  My guess is Steem is still underpriced at $7-$8 because eventually the Steem Dollar speculators will smarten up and switch that money over to Steem.   I still think the system should allocate some rewards to SP because SP represents a long term commitment to the platform. 

Good post you...

I know that 10 days is a long time in Crypto land, but according to coinmarketcap STEEM is 1.53 billion and SBD is 45.6 million market cap.  That puts SBD at almost 3%.  Shouldn't we be seeing STEEM payouts now according to your understanding of how it works?

A very good read. I am learning more about SBDs day by day.

Regards,

@jhezontheroad

This is interesting suggestion and analysis of SBD / Steem price behavior. But I am confused as to what exactly is SBD debt? This is the first time I've heard of SBD debt.

nice profile pic! the eye of god! :)
I wonder how is people getting so much money on steemit?
I'm doing, at least from my perspective, pretty good posts and putting a lot of time and effort but not getting so much out of it... maybe if you have time you can check my profile and give me some advice!
I would really appreciate it...
thanks!
good luck!
Lucian

Was your offer adopted?
Is this why I see miniscule SP rewards when choosing the 50%/50% ?

Is 100% SP always as beneficial as a 50%/50% in the moment of reward redemption?
Only difference being the same USD value distributed only in STEEM?

Hi, I do not know if you can support me. I made some delegations of my SP, but I want to recover them and I can not find a way to do it. According to Vessel, I already canceled them but they have not all been charged to my account. Only one amount is charged but I have another amount pending, and I have only delegated three accounts, which no longer have the vest that I had delegated to them.

Thanks @liberosist

![Captura de pantalla (1).png](https://steemitimages.com/DQmTBCfDzs8Sf2RXybVrAVVmWYmHVCpa4kkWp8fGA1aoaz8/Captura%20de%20pantalla%20(1).png)

I agree with your idea thank you