Low Price And What Can Be Done / Where Did All The SBD Go ? by rentmoney

View this thread on steempeak.com
sbd · @rentmoney · (edited)
$2.08
Low Price And What Can Be Done / Where Did All The SBD Go ?
### I am sure you have all noticed the drop in price for Both SBD and Steem. Today they both are very close to the $1.00 mark and I think its likely we see it below a $1.00 sometime today or next day or two. The question is, If that $1.00 wall breaks how far will the price drop ? 

### Steemit has the right ingredients to be a major player in the media outlet world but needs that giant push to get out to the masses and I believe that giant push is aggressive marketing. A commercial or two letting consumers know that Steemit is uncensored and creates you money while passively aggressively pointing out the flaws of traditional media sites ( I believe ) will create an influx of new Steemit members and investors. A few billboards wouldn't hurt either.

### It would also be nice to see a Favorite Followers option along side the followers option we already have. Some accounts on here are big with thousands of followers and follow thousands back for different reasons. As is, our Feed is almost worthless to anyone who decides to follow a couple hundred people or more.  If we had a favorite followers feed we could put those blogs we want to visit more often then some others in it and make life here on Steemit much easier.

<center>https://im2.ezgif.com/tmp/ezgif-2-7e0c83b81d.gif</center>

### Along with the price drop I have noticed the SBD amount in our Post payout shrinking drastically. Today it not only shrunk but it has gone to zero ... nodda .. nothing. Has the payout structure changed ? Are we seeing the removal of SBD payment ? My 10 second search has revealed no answers.

### I think the removal of SBD will be beneficial to Steemit and user retention. Currently Steemit wallet has SBD / SP / VP / Steem and USD in its wallet. That is allot for the average social media user to take in. The system needs to be more simplified and if possible SBD needs to be removed and just use Steem for everything. 

<center>https://pbs.twimg.com/media/CufuCV9WYAAdMt2.png</center><center>[Source](https://twitter.com/voypic/status/785859053616594944)</center>
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 2 others
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vote details (66)
@danlupi · 
you received  an up vote from <a href = "/@danlupi">danlupi</a> with voting power of 95.46%. Estimated dollar amount of $1.36
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@gasaeightyfive · 
Done my friend! :D<br>Good luck &nbsp; : )
๐Ÿ‘  
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vote details (1)
@rentmoney · 
Thanks !
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@tsnaks · 
I miss SBD :(
๐Ÿ‘  
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vote details (1)
@rentmoney · 
Do you know why it's been reduced to 0 on every post ?
๐Ÿ‘  
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vote details (1)
@conradt · 
This article seems to explain it:

https://steemit.com/sbd/@themarkymark/sbd-print-rate-0

Hope its helpful ๐Ÿ˜†
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@rentmoney · 
It was helpful .. thanks for the link.
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@hermannsol · 
I will say you might have a point about the SBD removal because my account is set on a 50/50 but at post payouts virtually most is converted to SP and Steem. The SBD part is very minimal, so will not hurt at all if we just dealt with SP and steem.
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@rentmoney · (edited)
I think the process needs to be simplified. The majority of social media users don't use crypto yet. The less complicated the system ...  the easier the adaptation to the Steemit platform would be for such users.
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@chekohler · 
Due to the decrease in the marketcap of steem the system there was far too many SBD printed and the debt ration has to stay at a certain level. I think its 1:5 or something like that

For now you'll have to enjoy more SP which i'm not too concerned about, at this point i need more steem power
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@rentmoney · (edited)
We should just do away with SBD and use Steem for everything. I don't think two is needed.
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@chekohler · 
SBD has its uses and is an important part of the Steemit ecosystem without it this platform would be even more volatile if can believe it. It shows its true value when Steem price rises and users need to be paid out in a more stable commodity.
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@oceanwhale ·
re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t121833797z
You got a 27.05% upvote from @oceanwhale With 35+ Bonus Upvotes courtesy of @rentmoney! Delegateย <a title="This link will take you away from steemit.com" href="https://steembottracker.com/delegation.html?delegatee=oceanwhale" rel="noopener">us</a>ย Steem Power &amp; getย <strong>100%</strong>daily rewards Payout!<a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=20%20SP" rel="noopener"> 20 SP</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=50%20SP" rel="noopener">50</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=75%20SP" rel="noopener">75</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=100%20SP" rel="noopener">100</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=150%20SP" rel="noopener">150</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=200%20SP" rel="noopener">200</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=300%20SP" rel="noopener">300</a>, <a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=500%20SP" rel="noopener">500</a>,<a title="This link will take you away from steemit.com" href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=oceanwhale&amp;vesting_shares=1000%20SP" rel="noopener">1000</a>ย orย <a title="This link will take you away from steemit.com" href="https://steembottracker.com/delegation.html?delegatee=oceanwhale" rel="noopener">Fill in any amount of SP</a> Earnย <a href="https://steemit.com/oceanwhale/@oceanwhale/earn-upto-1-sbd-per-1000-sp-delegation-or-oceanwhale-bot">1.25 SBD Per 1000 SP</a>ย |ย <a title="This link will take you away from steemit.com" href="https://discord.gg/6APfrQ6" rel="noopener">Discord server</a>
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@eoj · 
Interesting! I hadn't noticed that the SBD is zero!
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@rentmoney · 
I been noticing it shrinking over the past days and then today its at 0.
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@ategun · 
The system is too complex for a new user and those ready to join are denied, two of my fb friends were stucked at registration having prob with email verification and the mobile OTP were not sent, after a few try they are asked to try again the next day and this has been going on for over 2weeks now 
Darm it!!!
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@rentmoney · 
Exactly, the wallet functions alone is enough for some users to say ... NO Thanks .. back to Facebook for me.

Signing up is another issue that hopefully gets resolved soon.
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@ategun · 
Exactly!!
Told about 15 friends they all refused and the 2 ready to join were not allowed
Steemit is becoming something else๐Ÿ˜ญ
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total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length125
author_reputation608,757,667,650
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ategun · 
Also recently SBD seems useless to me i think i buy the idea if removing it from the system
(That's if the developers are still interested in the growth of the system)
properties (22)
post_id59,303,024
authorategun
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t123234434z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 12:32:42
last_update2018-08-10 12:32:42
depth1
children0
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last_payout2018-08-17 12:32:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length167
author_reputation608,757,667,650
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@sivehead · 
It's  always baffled me why I can't power up SBD in to steem power like you can with steem. I think it's daft really to have to sell your SBD for steem, then power up. Surely a bit of code could be written to work out that correct conversation rate allowing you to go straight from SBD to SP.
properties (22)
post_id59,303,535
authorsivehead
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t123850035z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 12:38:48
last_update2018-08-10 12:38:48
depth1
children1
net_rshares0
last_payout2018-08-17 12:38:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length292
author_reputation1,401,737,418,346
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars0
@rentmoney · (edited)
Just do away with SBD altogether. One less function in the wallet.
properties (22)
post_id59,306,476
authorrentmoney
permlinkre-sivehead-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t131524113z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 13:15:24
last_update2018-08-10 13:15:42
depth2
children0
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last_payout2018-08-17 13:15:24
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promoted0.000 SBD
body_length66
author_reputation75,663,928,955,031
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@untapentuoreja · 
[Free resteem+ upvote courtesy of @untapentuoreja](https://steemit.com/resteem/@untapentuoreja/free-resteem-service-came-back-edition-134)
๐Ÿ‘  
properties (23)
post_id59,304,644
authoruntapentuoreja
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t125411969z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"],"links":["https:\/\/steemit.com\/resteem\/@untapentuoreja\/free-resteem-service-came-back-edition-134"]}
created2018-08-10 12:52:57
last_update2018-08-10 12:52:57
depth1
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net_rshares986,095,335
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cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length138
author_reputation912,010,839,355
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beneficiaries[]
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percent_steem_dollars10,000
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vote details (1)
@rentmoney · 
Thanks !
properties (22)
post_id59,316,067
authorrentmoney
permlinkre-untapentuoreja-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t150912520z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 15:09:12
last_update2018-08-10 15:09:12
depth2
children0
net_rshares0
last_payout2018-08-17 15:09:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length8
author_reputation75,663,928,955,031
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steven-patrick · 
The system is too complicated for sure.  Not sure eliminating SBD will fix it but can't hurt.  There is something that determines SBD payout but I have no idea how it works.  I think Steemit is suffering the double whammy of soft crypto prices and lack of social media interest.  As a small player it rides with the general public interest, unless it can break out...
properties (22)
post_id59,305,119
authorsteven-patrick
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t125833813z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 12:58:33
last_update2018-08-10 12:58:33
depth1
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last_payout2018-08-17 12:58:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length367
author_reputation22,387,211,385,683
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@rentmoney · 
I think Steemit needs some aggressive marketing for that break out to possibly occur.
๐Ÿ‘  , , , , ,
properties (23)
post_id59,306,634
authorrentmoney
permlinkre-steven-patrick-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t131736937z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 13:17:36
last_update2018-08-10 13:17:36
depth2
children2
net_rshares6,167,359,849
last_payout2018-08-17 13:17:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
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promoted0.000 SBD
body_length85
author_reputation75,663,928,955,031
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@steven-patrick · 
Got you an answer about SBD.  I asked a witness and he did a post @dragosroua :)  I resteemed.  Check it out
properties (22)
post_id59,318,483
authorsteven-patrick
permlinkre-rentmoney-re-steven-patrick-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t153546796z
categorysbd
json_metadata{"users":["dragosroua"],"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 15:35:45
last_update2018-08-10 15:35:45
depth3
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cashout_time1969-12-31 23:59:59
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pending_payout_value0.000 SBD
promoted0.000 SBD
body_length108
author_reputation22,387,211,385,683
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tonymullins ·
$0.03
Removing SBD makes it harder for smaller accounts to power up. I tried to convert some SBD the other day to Steem on the currency market it wouldn't allow it tried multiple times to convert
๐Ÿ‘  
properties (23)
post_id59,311,815
authortonymullins
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t142201319z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 14:22:06
last_update2018-08-10 14:22:06
depth1
children3
net_rshares20,621,203,802
last_payout2018-08-17 14:22:06
cashout_time1969-12-31 23:59:59
total_payout_value0.019 SBD
curator_payout_value0.006 SBD
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body_length189
author_reputation103,646,718,227
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
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vote details (1)
@rentmoney · 
I don't see how removing SBD makes it harder to power up. We power up with Steem. If we have SBD we first need to change it to Steem in order to power up with it. No SBD means the need to change SBD to Steem will no longer  take place.  Your second sentence is a perfect example of a step in the process of powering up that isn't needed. Simplifying things is the best option for mass adaption imo.
๐Ÿ‘  
properties (23)
post_id59,312,672
authorrentmoney
permlinkre-tonymullins-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t143152095z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 14:31:51
last_update2018-08-10 14:31:51
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root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@tonymullins ·
$0.03
I can't argue with that. Now that I ponder more deeply on this matter I'm realizing it's simpler the new way. Less taxing on the block chain too.
Thanks for the enlightening.
๐Ÿ‘  
properties (23)
post_id59,321,879
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categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 16:14:15
last_update2018-08-10 16:14:15
depth3
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net_rshares21,420,475,267
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promoted0.000 SBD
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beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
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vote details (1)
@resteemr · 
This post was upvoted and resteemed by @resteemr!
Thank you for using @resteemr.

---

@resteemr is a low price resteem service.
Check what @resteemr can do for you. [Introduction of resteemr](https://steemit.com/steemit/@resteemr/important-announcement-about-resteem-and-upvote-service).
properties (22)
post_id59,328,626
authorresteemr
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t174105856z
categorysbd
json_metadata{"community":"busy","tags":["sbd"],"format":"markdown","image":[],"app":"busy\/2.5.4","users":["resteemr","resteemr."],"links":["\/@resteemr","\/@resteemr","\/@resteemr","\/@resteemr","https:\/\/steemit.com\/steemit\/@resteemr\/important-announcement-about-resteem-and-upvote-service"]}
created2018-08-10 17:41:09
last_update2018-08-10 17:41:09
depth1
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@frankvvv ·
$0.03
I hear that a lot of people are not happy with the fact that owners of huge amounts of Steem get so many rewards compared to people with only a little bit of Steem.
๐Ÿ‘  , ,
properties (23)
post_id59,331,773
authorfrankvvv
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t182455144z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 18:24:54
last_update2018-08-10 18:24:54
depth1
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root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
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vote details (3)
@rentmoney · 
Its a double edged sword. Those who invested deserve rewards for their early risks but at the same time having most the rewards going to such a small percent of members isn't good for user retention / site growth. Personally I think a max upvote value is needed to better balance the spread of rewards.
๐Ÿ‘  
properties (23)
post_id59,333,953
authorrentmoney
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categorysbd
json_metadata{"tags":["sbd"],"app":"steemit\/0.1"}
created2018-08-10 18:59:54
last_update2018-08-10 18:59:54
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vote details (1)
@frankvvv · 
Yeah, and people starting out on Steemit, even without money, should have better opportunities to make a bit more Steem by blogging etc, being active on the platform in general.
๐Ÿ‘  ,
properties (23)
post_id59,342,678
authorfrankvvv
permlinkre-rentmoney-re-frankvvv-re-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180810t212223502z
categorysbd
json_metadata{"app":"steemit\/0.1","tags":["sbd"]}
created2018-08-10 21:22:24
last_update2018-08-10 21:22:24
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root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
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vote details (2)
@joel0101 · 
Seems like I made the right decision to get paid in SP a few weeks ago. When seeing the exchange rate of SBD compared to Steem I thought I would be better off getting paid in SP. Now the advantage has been eliminated considering the ER of both currencies.
properties (22)
post_id59,394,716
authorjoel0101
permlinkre-rentmoney-low-price-and-what-can-be-done-where-did-all-the-sbd-go-20180811t122840145z
categorysbd
json_metadata{"users":[],"format":"markdown","community":"busy","image":[],"tags":["sbd"],"app":"busy\/2.5.4","links":[]}
created2018-08-11 12:28:42
last_update2018-08-11 12:28:42
depth1
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author_reputation1,905,460,717,963
root_title"Low Price And What Can Be Done / Where Did All The SBD Go ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
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