Viewing a response to: @paced.financial/re-ew-and-patterns-re-pacedfinancial-re-ew-and-patterns-sbd-update-09-01-18-20180109t221621684z
Maybe parity was intended, but it never happend for a prolonged time. Maybe they expected it to stay close to a dollar, but with no mechanism to quickly produce and destroy SBD that's just impossible to do. It can't work like tether, because it doesn't have the same features of tether. Was it intended? We will never find out. Maybe it was an unexpected rise, but maybe they decided to collectivly buy SBD to start the STEEM rally after SF2. I am quite sure that is what actually happened. Clever boys telling us one thing then doing the other thing. Same story after SF1, when they pumped the STEEM price to 4$ right afterwards... Yes, I don't believe in fundamentals at all, but I am able to think outside the box. I appreciate your response to my comment though. One last thing to think about. What makes you think, that they will stick to what they intended in the whitepaper forever? Why would they, when they found an easy way to become multi-millionaires in a very short amount of time? Pump the SBD, people will sell it for STEEM and pump the STEEM value. It's actually fking genius.
| post_id | 24,666,182 |
|---|---|
| author | ew-and-patterns |
| permlink | re-pacedfinancial-re-ew-and-patterns-re-pacedfinancial-re-ew-and-patterns-sbd-update-09-01-18-20180109t223549223z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2018-01-09 22:35:51 |
| last_update | 2018-01-09 22:38:30 |
| depth | 4 |
| children | 1 |
| net_rshares | 2,271,760,188,020 |
| last_payout | 2018-01-16 22:35:51 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 18.332 SBD |
| curator_payout_value | 6.101 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 1,097 |
| author_reputation | 113,066,339,794,964 |
| root_title | "SBD update 09.01.18" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| ew-and-patterns | 0 | 1,964,253,779,423 | 57% | ||
| thing-2 | 0 | 307,506,408,597 | 100% |
Definitely don't need to stick to the white paper but some monetary policy is necessary to make steem a currency or reach it's peak of success. And that will make multi billionaires for the developers and multimillionaires for the likes of you and me. So I'm on the lookout for a change to those parts of the steem protocols for a bullish fundamental outlook before I go putting in more steem at a price over a dollar to lock it up as steem power.
| post_id | 24,673,802 |
|---|---|
| author | paced.financial |
| permlink | re-ew-and-patterns-re-pacedfinancial-re-ew-and-patterns-re-pacedfinancial-re-ew-and-patterns-sbd-update-09-01-18-20180109t233227925z |
| category | sbd |
| json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
| created | 2018-01-09 23:32:27 |
| last_update | 2018-01-09 23:32:27 |
| depth | 5 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2018-01-16 23:32:27 |
| 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 | 447 |
| author_reputation | 2,537,724,335,964 |
| root_title | "SBD update 09.01.18" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |