SBD/STEEM reward mix will stay for a while by lloyddavis

explainer · @lloyddavis · Mar 25 '18

$35.48

SBD/STEEM reward mix will stay for a while

![Screen Shot 2018-03-25 at 19.12.54.png](https://steemitimages.com/DQmdQ2L7uQBYk7eGwnpYhh1KpTovYTYDPH4emooQXza2S57/Screen%20Shot%202018-03-25%20at%2019.12.54.png)

This chart shows you that the median feed price (the STEEM price used in calculations) is at $1.961 and isn't going to go up any time soon.  

The way to read this graph is to imagine the points on the left hand side disappearing once an hour and the whole thing shifting to the left (each data point is the median feed price from the top witnesses each hour for the last 3.5 days).  

With the left hand side above the median and the right hand side (the current market price) below the median, the median will keep going down until it is at or below the current market price.  Even if the market price recovers somewhat the median will stay at the same point.  So for the next 24 hours at least that median won't be going up.  

In order to get back into printing 100% SBD, It needs to get up above $2.03 or so, which feels like not very far - seven cents! - but because this 3.5 day smoothing effect is built into the median feed price calculation it will take some time to get back up even if the markets rise immediately.

So get used to having a little dribble of STEEM in your rewards for the time being.

Image from the excellent https://steemnow.com from @penguinpablo

👍 fminerten, steempty, ripperone, trevonjb, delusionalmadman, lloyddavis, crowdfundedwhale, steevc, tombalistreri, gonzo, dayleeo, steemcampuk, teodora, cathi-xx, revisesociology, steemcenterwiki, writemore, improv, rimicane, michaelwilshaw, teamhumble, steemint, zentat, the50, proglobyte, thebigdelay, alanw, steembriefing, free2play, tingaling, bilal9808, proglobyte-m1, steemitawards, tuttleclub, cryptosafely, semy, shanibeer, ontheblock, neoint, mmaker, munawire, eosint, thesteemitawards, thesteemawards, steemawards, steemstudios, s1d1n01

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properties (23)vote details (47)

voter	rshares	pct
fminerten	7,618,309,184,137	100%
steempty	4,464,294,701,003	100%
proglobyte	2,237,789,795	12%
trevonjb	490,540,435,181	5%
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tingaling	998,809,697	12%
zentat	2,668,459,540	12%
gonzo	36,785,578,737	25%
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teodora	21,081,977,395	100%
crowdfundedwhale	60,205,360,837	12%
teamhumble	3,271,969,745	8%
dayleeo	28,982,783,175	75%
steemcenterwiki	10,079,285,886	50%
free2play	1,158,445,766	12%
ripperone	792,492,661,039	17%
writemore	7,941,307,781	25%
alanw	1,399,866,722	100%
the50	2,521,898,574	12%
tombalistreri	42,092,233,693	100%
improv	7,739,033,032	25%
michaelwilshaw	5,326,075,003	10%
thebigdelay	1,606,959,122	20%
shanibeer	430,865,266	100%
eosint	341,422,600	12%
delusionalmadman	92,253,715,299	100%
neoint	408,182,903	12%
revisesociology	10,138,923,028	20%
cryptosafely	551,804,660	12%
tuttleclub	614,086,203	100%
ontheblock	424,078,682	12%
rimicane	7,245,785,001	56%
steemstudios	203,948,346	12%
bilal9808	998,431,351	100%
munawire	344,575,942	100%
mmaker	358,962,339	100%
semy	544,479,720	100%
steemcampuk	27,049,818,114	66%
s1d1n01	165,598,596	100%

@munawire · Mar 25 '18 (edited)

$0.03

will the price of steem and sbd remain at current prices?
why the price of steem and sbd prices can be as bad as this.
what is the cause of the fall in steem and sbd prices?
Thank you very much @lloyddavis

👍 lloyddavis

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
lloyddavis	0 B		10,317,038,765	15%

@syilegirl · Mar 25 '18

$0.03

steem/sbd could be stable again if less sales.
the fall in steem/sbd prices
I think it's because there are a lot of sales in the market.

that's my opinion.

👍 lloyddavis

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
lloyddavis	0 B		10,317,038,765	15%

@bilal9808 · Mar 25 '18

$0.03

Sir is there any chance that cryptomarket will go up in near future???
The price of both steem and sbd is going down once again..

👍 lloyddavis

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properties (23)vote details (1)

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@lloyddavis · Mar 26 '18

I'm certainly not the person to ask about movements in the actual market price - I would just be speculating like everyone else.  The bears do seem to be here for the time being and the point of this article is that the smoothing function of taking a median of medians over 3 and a half days means that some of the roller coaster ride is taken out.  

Steem is like other crypto markets, it's a very thin market relatively, that means that a few people with a lot of money can make the price move in the market if they wish to.  I have no idea whether that is happening or not.

But still if the price keeps going down, people do get discouraged - I'm noticing fewer posts because my voting power is going up.  No matter what, the important thing most people can do is keep posting and keep powering up :)

properties (22)

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@habidoll · Mar 26 '18

ok sir :)

properties (22)

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@bilal9808 · Mar 26 '18

ok dear

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