if they release sbd, it will rise too much

I’m loving this bonus!   We know it will go back down but honestly it’s lasting way longer then I thought!

thanks for your  advice. also thanks your post @whatsup

![download (12).jpg](https://steemitimages.com/DQmaxwgHpV3gf3Z3NdHqUjG7CBApSFpXkAxrDZRgd8nVzFT/download%20(12).jpg)

@whatsup,
Just after I understood 1 SBD peg to 1 USD I started selling and converting my SBD! But personally I like SBD peg at $10! Due to low market supply of SBD it can be sit at $10 for a long time! Anyway as you said, we should understand what we need to do! Witnesses also help us to solve those puzzles! Great article friend!

Cheers~

Rise up SDB over the rainbow so high!!Great moment to invest on it.

Thanks for the detailed spesnenie.I sell the same part of the SBD, as I do not know how long it will last, but to miss such a chance is silly.

Great information    @whatsup

I'm helping minnows by writing guides about Steemit and people keep asking me about the correct division of payouts. This has been confusing but pleasing for whatever we are getting paid because at the end of the day, we're getting paid more than what we are supposed to be paid based on that pegged amount of SBDs. 

Regarding SBD price, I'm 100% agreed with you:
> My opinion is to let the Markets naturally handle the price of SBDs instead of taking actions to correct them.

This could be one of thee major reasons why the SBD price went up in no time and keeps staying there..
> Regardless of what anyone else chooses to do, be aware that your SBDs are more valuable right now and if you want to sell them and you don't know how you might wish to seek this information out right now.  Nobody knows how long this will last.  Many users are using this opportunity to sell some SBDs and Buy Steem Power.  I have wondered if that is helping our recent price increase.

Lastly, this art is good and you should keep trying it more often: 
![](https://steemitimages.com/DQmWiDPNqDrNDSRYfXmoNcCTLsrj4GAtZJFGcjH88nnZzJW/image.png)

Very good post @whatsup. Shared.

It has fallen from the $15 that it usually roams around but it is still high where it caused an increase in new members traffic which came spammers , and what not . But I’ll take it :P

https://steemitimages.com/0x0/https://s25.postimg.org/vymkcws7j/checkthisoutot_39.png
this is total crap. oh shit this is what we call as abuse of current sbd price. anyway i like this price up
https://media.giphy.com/media/Xh1vgIUkJbPKo/giphy.gif
 **@whatsup**

@resteemia

I wrote [About those high SBD prices](https://steemit.com/sbd/@remlaps/about-those-high-sbd-prices) a couple weeks ago.  I agree with most of what you wrote, and I am enjoying the post payouts as much as anyone, but there are other stakeholders to consider besides just the content creators.  I don't advocate doing anything different at this point, but I'm not sure what purpose SBD serves if it can't hold the peg.  It's starting to seem like useless complexity.

At any rate, from your post, this is important advice:
> Regardless of what anyone else chooses to do, be aware that your SBDs are more valuable right now and if you want to sell them and you don't know how you might wish to seek this information out right now.

Hi @whatsup, Your posts always make a lots of sense to me. SBDs have paid to a majority of people in this past one month alone more than in the entire year. I'm lovin' it. #discussion

many many thanks whatsup. sharing useful information

Another mind blowing blog post by talented @whatsup. The beauty of steemit is that after short time we continue to close each-other. As I like your personalty in totality, your writing skills, your way of presentation and your message delivery towards community is best. Your words are same as were mine:
**My opinion is to let the Markets naturally handle the price of SBDs instead of taking actions to correct them.**
SBD is currently changing the life of many minnows due to its high rate. I too selling and converting to altcoins at bitterex. 
Wonderful blog post is it. I really enjoyed it while reading step by step till end and believe me I am totally fresh now. 
Please continue writing genuine stuff for the sake of true readers of your blogs and for betterment of the community as well. All the best!

@whatsup, SBD has low market supply and low market capitalization. So then SBD can be $10: probably long term it would be. I don't hodl SBD long term, try to exchange steem or sell SBD directly. I know you see past time SBD worth over $14. But immediately dip down $9.  IF you know some idea why SBD worth soon drop down? 
Thank you for the great news.

@whatsup - Ma'm why SBD can't peg at $10? I enjoyed by the current SBD price... Hearing about it's price drop (can be happened) is not feels good... But this is how it works... Until it gets it's demand we can feel happy... Nice you decided to discuss it ma'm...

+W+

Thanks for share very usefull information....
really very nice post.i just learn something to your post.. i hope your next post will very good again..

*I have seen a couple of posts advocating that the Whales should self-upvote so they can sell the SBDs and push the price closer to the peg.*

XD XD XD

That's the worst idea I ever heard. lol

Your 20 SBD "bill" art is amazing BTW, I really enjoy that. I am with you that the best thing is for all of us to keep using Steem normally and just enjoy the extra money. 

It seems like the only reason SBDs are worth so much is that some group of people is buying LOTS of them - who knows why. It might be a convenient way for them to store funds, since it's such a small circulation of  tokens.

I'm not complaining, that is for sure :-).

For those wanting to know how to trade their SBD for Steem on the internal market, [this guide](https://steemit.com/steem-help/@sykochica/answering-common-questions-how-to-exchange-my-steem-dollars-for-steem) walks you through it easily:

https://steemit.com/steem-help/@sykochica/answering-common-questions-how-to-exchange-my-steem-dollars-for-steem

> even as my account is close to in the top 1000 accounts

Where are you finding this info? SteemWhales.com seems very behind the times. When it loads at all, my data seems to be at least several weeks old.

You are right. It is a good time to sell sbd!

Hi @whatsup, 

This is called a beautiful piece of writing which includes a statistical comparison among Dollar and SBD. 
Such type of articles always give awareness to the mass what should they buy, how should they earn and why should they invest in something particularly.

 I relate this blog to my syllabus books which always give us awareness what is right and what is wrong.
Although i am a new addition to this field but i know some minnows who had 100 SBD when its price was 1$ and then the rise in SBD clanged their lives entirely. 

It makes sense completely :

>According to our documentation and marketing, SBDs are pegged to a US Dollar.  (1 USD = 1 SBD)
The Blockchain treats SBDs as if they are worth a dollar.  
When you post it pays out it pays as if the peg is working. 
Currently 50/50 payouts are based on SBDs equaling a dollar, so content creators are getting a bonus if they sell SBDs at the current prices.

Thanks lot for this beautiful worth reading blog. 

Keep writing such statistical data in future to make people aware about the importance of SBD

My best wishes and prayers are always with you 

Stay Blessed!

There is a force that brings the price of SBD down, that is the law of supply and demand. The price/market cap of Steem determines how much SBD is issued (as well as short term changes in voting behaviours). The price of SBD going higher than $1 gives holders of Steem Power extra purchasing power which they can use to remove Steem from the market, thus increasing the price of Steem, thus increasing the supply of SBD's and lowering the price.

What are the effects that comes with SBD at 10$?  Why is it bad for the platform?

It's a great time for minnows to take advantage of the market and exchange their hard earned SBD for whatever they fancy. It can't last forever but no better time than the present to create and reap rewards for the future. Hold tight all the minnows scraping a few scraps together for SP or Steem. I hope it booms again for you all.

thanks for your advise sir..it is really helpful to us..this info help us to make our future decisions..thanks alot :)

everyone is having fun this time when the prices are up they will not miss out this opportunity

very good post I hope you visit mine and you like it

Well, I am quite new here. Thanks for explaining it in very simple way. I am yet to understand whole concept of steem power, steem and sbd. 😅

I am grateful to you for this useful topic

I think it is far more pegged to making sure it doesn't fall *below* $1 than making sure it doesn't go *above* it. Really the only force acting on this is the interest mechanism. If it fell below a dollar and the witnesses added a high level of interest bearing on SBD, people would almost certainly buy it. The only adverse action would be to inflict negative interest on SBD, and I can't imagine that would be done because it would seem almost punitive.