People simply don't have enough SBD to keep up with demand. Remember SBD's stability mechanism only gives it a floor, not a ceiling. The ceiling comes only from arbitrage and expected long-term convergence. I'm selling at around $2 on poloniex as I'm writing this. This is a bizzare way of shining the light on how there's something "there" there. Your attention is overvalued right now so I can do $ value arbitrage by making you read it and having you maybe give me an upvote even if you would be less likely to upvote such garbage than when SBD is at parity because there would be less noise in the stream. Essentially vote trading kicks in and we're ok with it. Free money and upvotes all around.
post_id | 3,019,522 |
---|---|
author | nikolai |
permlink | sbd-arbitrage-means-writing-garbage-posts-let-s-try-it |
category | steem |
json_metadata | "{"app": "steemit/0.1", "format": "markdown", "tags": ["steem", "steemit", "sbd", "jokes"]}" |
created | 2017-05-24 18:10:57 |
last_update | 2017-05-24 18:10:57 |
depth | 0 |
children | 7 |
net_rshares | 5,779,096,264,696 |
last_payout | 2017-05-31 18:10:57 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 14.041 SBD |
curator_payout_value | 4.384 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 702 |
author_reputation | 9,574,389,938,243 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
summon | 0 | 3,273,730,018,086 | 100% | ||
cass | 0 | 1,803,943,065,836 | 100% | ||
nikolai | 0 | 98,984,501,695 | 100% | ||
chryspano | 0 | 286,831,880,574 | 100% | ||
eeks | 0 | 0 | 100% | ||
calamus056 | 0 | 0 | 100% | ||
kennyrowe | 0 | 276,245,349,489 | 100% | ||
dbrock | 0 | 22,450,277,516 | 100% | ||
heimindanger | 0 | 16,072,710,247 | 100% | ||
davidcurwain | 0 | 257,050,760 | 100% | ||
steemitboard | 0 | 59,398,873 | 10% | ||
alanw | 0 | 354,349,196 | 100% | ||
civis-mundi | 0 | 167,662,424 | 100% | ||
devrajlove | 0 | 0 | 100% | ||
fifelue | 0 | 0 | 100% |
Excellent! Thank you good sir @nikolai <center>[![](https://steemitimages.com/50x60/http://steemitboard.com/@lanceman/commented.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/60x70/http://steemitboard.com/@lanceman/votes.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/70x80/http://steemitboard.com/@lanceman/posts.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/100x80/http://steemitboard.com/@lanceman/level.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/70x80/http://steemitboard.com/@lanceman/comments.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/60x70/http://steemitboard.com/@lanceman/voted.png)](http://steemitboard.com/board.html?user=lanceman) [![](https://steemitimages.com/50x60/http://steemitboard.com/@lanceman/payout.png)](http://steemitboard.com/board.html?user=lanceman)</center>
post_id | 3,019,609 |
---|---|
author | lanceman |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170524t181304969z |
category | steem |
json_metadata | "{"links": ["http://steemitboard.com/board.html?user=lanceman"], "app": "steemit/0.1", "users": ["nikolai"], "image": ["https://steemitimages.com/50x60/http://steemitboard.com/@lanceman/commented.png"], "tags": ["steem"]}" |
created | 2017-05-24 18:13:09 |
last_update | 2017-05-24 18:13:09 |
depth | 1 |
children | 0 |
net_rshares | 1,902,927,567,531 |
last_payout | 2017-05-31 18:13:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 2.815 SBD |
curator_payout_value | 0.846 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 996 |
author_reputation | 1,423,420,883,864 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cass | 0 | 1,803,943,065,836 | 100% | ||
nikolai | 0 | 98,984,501,695 | 100% |
Don't forget to write comments for more free money. You're helping the market be more efficient, lol !
post_id | 3,019,641 |
---|---|
author | nikolai |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170524t181524177z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-05-24 18:14:03 |
last_update | 2017-05-24 18:14:03 |
depth | 1 |
children | 0 |
net_rshares | 1,925,377,845,047 |
last_payout | 2017-05-31 18:14:03 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 3.549 SBD |
curator_payout_value | 0.169 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 102 |
author_reputation | 9,574,389,938,243 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cass | 0 | 1,803,943,065,836 | 100% | ||
nikolai | 0 | 98,984,501,695 | 100% | ||
dbrock | 0 | 22,450,277,516 | 100% |
post_id | 3,021,064 |
---|---|
author | kennyrowe |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170524t185532534z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-05-24 18:55:33 |
last_update | 2017-05-24 18:55:33 |
depth | 1 |
children | 0 |
net_rshares | 1,919,059,685,365 |
last_payout | 2017-05-31 18:55:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 2.830 SBD |
curator_payout_value | 0.863 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 9 |
author_reputation | 26,777,977,837,039 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cass | 0 | 1,803,943,065,836 | 100% | ||
nikolai | 0 | 92,666,342,013 | 100% | ||
eeks | 0 | 0 | 100% | ||
dbrock | 0 | 22,450,277,516 | 100% |
>Essentially vote trading kicks in and we're ok with it. Free money and upvotes all around. Yes, nothing wrong in it imo, you can somewhat see it like staking POS. It could be much worse, free money to useless mining all around! https://www.cryptocompare.com/mining/calculator/eth?HashingPower=16&HashingUnit=MH%2Fs&PowerConsumption=150&CostPerkWh=0.20
post_id | 3,025,780 |
---|---|
author | chryspano |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170524t212131172z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "links": ["https://www.cryptocompare.com/mining/calculator/eth?HashingPower=16&HashingUnit=MH%2Fs&PowerConsumption=150&CostPerkWh=0.20"], "tags": ["steem"]}" |
created | 2017-05-24 21:21:33 |
last_update | 2017-05-24 21:21:33 |
depth | 1 |
children | 0 |
net_rshares | 1,894,503,354,621 |
last_payout | 2017-05-31 21:21:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 2.719 SBD |
curator_payout_value | 0.905 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 354 |
author_reputation | 1,737,800,828,749 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cass | 0 | 1,803,943,065,836 | 100% | ||
nikolai | 0 | 90,560,288,785 | 100% |
Writing garbage is no problem for the majority ;)
post_id | 3,324,972 |
---|---|
author | calamus056 |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170603t054739359z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-06-03 05:49:27 |
last_update | 2017-06-03 05:49:27 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-06-10 05:49:27 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 49 |
author_reputation | 5,637,818,769,034 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Love the post topic ...waiting for your next post ...
post_id | 10,400,473 |
---|---|
author | devrajlove |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20170817t194931644z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "tags": ["steem"]}" |
created | 2017-08-17 19:49:33 |
last_update | 2017-08-17 19:49:33 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-08-24 19:49:33 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 53 |
author_reputation | -73,001,760,450 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
EtherDelta is a Goldmine, insane arbitrage opportunity https://steemit.com/gifto/@fifelue/tips-be-a-millionaire-using-arbitrage
post_id | 22,259,272 |
---|---|
author | fifelue |
permlink | re-nikolai-sbd-arbitrage-means-writing-garbage-posts-let-s-try-it-20171227t212412748z |
category | steem |
json_metadata | "{"app": "steemit/0.1", "links": ["https://steemit.com/gifto/@fifelue/tips-be-a-millionaire-using-arbitrage"], "tags": ["steem"]}" |
created | 2017-12-27 21:24:12 |
last_update | 2017-12-27 21:24:12 |
depth | 1 |
children | 0 |
net_rshares | 350,732,400 |
last_payout | 2018-01-03 21:24:12 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 127 |
author_reputation | -3,405,824,162 |
root_title | "SBD arbitrage means writing garbage posts. Let's try it!" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
fifelue | 0 | 350,732,400 | 100% |