Viewing a response to: @samupaha/sbd-is-broken-why-not-just-remove-it
It's settling down. I don't think this last aberration is proof that it's a bad idea.
post_id | 3,132,976 |
---|---|
author | jacobtothe |
permlink | re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t061348756z |
category | sbd |
json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
created | 2017-05-28 06:13:51 |
last_update | 2017-05-28 06:13:51 |
depth | 1 |
children | 4 |
net_rshares | 243,589,943,937 |
last_payout | 2017-06-04 06:13:51 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.387 SBD |
curator_payout_value | 0.012 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 85 |
author_reputation | 124,292,362,915,131 |
root_title | "SBD is broken, why not just remove it?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
wingz | 0 | 703,608,261 | 5% | ||
pangur-ban | 0 | 157,193,094 | 5% | ||
bacchist | 0 | 5,136,425,274 | 5% | ||
demotruk | 0 | 18,998,225,694 | 1% | ||
mynameisbrian | 0 | 5,764,968,874 | 5% | ||
thylbom | 0 | 2,123,829,786 | 5% | ||
greymass | 0 | 2,032,002,644 | 5% | ||
dirty.hera | 0 | 58,181,325 | 5% | ||
ats-david | 0 | 200,062,911,454 | 5% | ||
ebargains | 0 | 2,278,520,239 | 5% | ||
littlescribe | 0 | 1,156,115,047 | 5% | ||
burnin | 0 | 1,608,715,334 | 5% | ||
bestoftherest | 0 | 258,340,878 | 5% | ||
ninkhisibir | 0 | 404,041,223 | 5% | ||
reisman | 0 | 666,853,142 | 4% | ||
irawandedy | 0 | 350,764,019 | 5% | ||
writingamigo | 0 | 384,973,889 | 5% | ||
tamersameeh | 0 | 64,543,860 | 5% | ||
lukinsawyer | 0 | 117,439,748 | 5% | ||
tonylondon | 0 | 53,908,221 | 5% | ||
justinashby | 0 | 400,019,109 | 5% | ||
evildeathcore | 0 | 414,946,755 | 5% | ||
steemmaster | 0 | 89,490,339 | 5% | ||
shellyduncan | 0 | 303,925,728 | 5% |
It's a proof that the pegging mechanism doesn't work.
post_id | 3,133,728 |
---|---|
author | samupaha |
permlink | re-jacobtothe-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t065456155z |
category | sbd |
json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
created | 2017-05-28 06:54:57 |
last_update | 2017-05-28 06:54:57 |
depth | 2 |
children | 3 |
net_rshares | 0 |
last_payout | 2017-06-04 06:54:57 |
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 | 43,651,583,224,016 |
root_title | "SBD is broken, why not just remove it?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
because we didn't had any mechanism for pushing price down. We just need to add what timcliff proposed, and thats it.
post_id | 3,133,875 |
---|---|
author | noisy |
permlink | re-samupaha-re-jacobtothe-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t070126406z |
category | sbd |
json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
created | 2017-05-28 07:01:27 |
last_update | 2017-05-28 07:01:27 |
depth | 3 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-06-04 07:01:27 |
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 | 117 |
author_reputation | 54,116,952,654,646 |
root_title | "SBD is broken, why not just remove it?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Market demand trumped price controls. What a surprise. But that demand bubble is tapering off rapidly. I do like the volatility mitigation concept even if it doesn't entirely work as planned.
post_id | 3,133,992 |
---|---|
author | jacobtothe |
permlink | re-samupaha-re-jacobtothe-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t070642741z |
category | sbd |
json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
created | 2017-05-28 07:06:45 |
last_update | 2017-05-28 07:06:45 |
depth | 3 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-06-04 07:06:45 |
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 | 191 |
author_reputation | 124,292,362,915,131 |
root_title | "SBD is broken, why not just remove it?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
The pegging mechanism should work in different situations, including the one we are in now. Of course nothing can guarantee a perfect peg but if the price is seriously off for more than 24 hours, the system is broken.
post_id | 3,135,193 |
---|---|
author | samupaha |
permlink | re-jacobtothe-re-samupaha-re-jacobtothe-re-samupaha-sbd-is-broken-why-not-just-remove-it-20170528t081233518z |
category | sbd |
json_metadata | "{"app": "steemit/0.1", "tags": ["sbd"]}" |
created | 2017-05-28 08:12:33 |
last_update | 2017-05-28 08:12:33 |
depth | 4 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-06-04 08:12:33 |
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 | 217 |
author_reputation | 43,651,583,224,016 |
root_title | "SBD is broken, why not just remove it?" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |