STEEM and SBD at Parity by dragosroua

View this thread on steempeak.com
· @dragosroua ·
$41.31
STEEM and SBD at Parity
It's been happening quite a lot during the last 3-4 days, but I finally got a chance to catch the perfect screenshot, on [steem.supply](http://steem.supply):
***
<center>![IMG_5974.PNG](https://steemitimages.com/DQmUFb94UvowZzTw7GHAC9xkijHpWFKEfD5cPxLLRvvt1FZ/IMG_5974.PNG)</center>
***
No, it's not photoshopped and yes, it happened less than an hour ago.

I think we can expect to see more fluctuation around this point, as SBD supply is steadily increasing. 

And just to put things in perspective, please remember that the base currency on the Steem blockchain is STEEM, with a circulating supply of over 245 million, whereas SBD is just a debt smart contract _on top of STEEM_, with a circulating supply of less than 7 million.  That doesn't mean SBD can't get another pump, or STEEM can't go to the moon, but it's good to know numbers.
***
_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
<center>
![Dragos Roua](http://dragosroua.com/wp-content/uploads/2014/05/bamf-e1448824881306.png)</center>
<hr/>
<center>
<h2>Wanna know when you're getting paid?</h2>
</center>
<table width="100%">
<tr>
<td width="50%" align=left>
<img src ="https://steemitimages.com/DQmRGDawKXDPGvq5PqvkxeH1EZYYFrjHmrnj1kVPoYxUvVt/Screen%20Shot%202018-01-14%20at%204.02.54%20PM.png" width="250" heigh="100">
</td>
<td width="50%" valign="top">
I know the feeling. That's why I created <a href="http://steem.supply" target="_new">steem.supply</a>, an easy to use and accurate tool for calculating your Steemit rewards
</td>
</tr>
<tr>
</table>
<center><h2>It's free to use, but if you think this is a useful addition, I'd appreciate your <a href="https://steemit.com/~witnesses" target="_new">witness vote</a>.</h2>
<h1>Thank you!</h1>
</center>
<hr/>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 11 others
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vote details (75)
@leserge ·
$0.11
I remember not even a month ago SBD was at 12 Dollars and Steem at 6 Dollars. Gotta love the cryptoworld :-D
👍  , ,
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vote details (3)
@andrejcibik ·
$0.28
Do you think it wont go back to massive disproportion of price of SBD? 
They are being produced as same rate, right? 

👍  
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vote details (1)
@dragosroua ·
> They are being produced as same rate, right?

It depends on what you mean by "the same rate". SBD supply is increased because of the price feed bias set by a few witnesses, so it's more SBD than usual, but also far less SBD produced than STEEM.

The inflation rate didn't change.
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@andrejcibik · (edited)
I mean. Theres some 2M USD worth of steem produced in a week. 
75% goes do users. If I get standard payout 50% is directly in Steem and that other 50% goes to main Steemit account which sells it on internal market for SBD (?). 

**Ex:** Right now theres a 1:1 price ratio. 
So my post gets $ 10.
I get (approx.) 7.5 SBD payout - 3.75 Steem and 3.75 SBD.....
But thats not the case. Why? 
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@josediccus ·
$0.03
Wow what a milestone, you deserve a medal for this hahaha
👍  ,
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vote details (2)
@janine-ariane ·
$0.03
without reason I feel worried, I did not put money in steem, I only used steemit to provide Steem.  But this is not a nice feeling,  what do you think is going to happen? I have the feeling we are going to fall.
👍  ,
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vote details (2)
@dragosroua ·
There are only two things that may happen:

* the price will go up
* the price will go down

So, why worry?
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@janine-ariane ·
going up I would not worry :-)   going down till it does not exist anymore ? ...
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@janine-ariane ·
I have to tell you, this made me giggle all day!   Whenever someone asked me something today, (You have to know I am massaging all day as a health therapist), and someone ask will it go better with my hip?  knee? throat?  and liver? ( my problem people today)  Ithought It might go better, or it might go worse, for now do not worry!  hahaha    thank you!
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@blazing ·
$0.03
The perfect parity does exists :D 
and now sbd is lower than steem
👍  
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vote details (1)
@ryn ·
$0.21
I focus on building STEEM but might grab some SBD, expecting another pump at some point.
👍  , ,
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vote details (3)
@yairdd ·
$0.03
I saw Steem at 3.9 and SBD at 3.7. :)
👍  ,
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vote details (2)
@lanmower ·
$0.03
The price is quite low too atm. I've noticed the divide really pushed up the price.
👍  
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vote details (1)
@ugetfunded ·
$0.03
Yes both have great future. With Steem price going down, we get more SP as reward.
👍  ,
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vote details (2)
@janine-ariane ·
Does it work like that?
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@anotsopopularkid ·
In a way, yes, but the SBD must go up together with it. When Steem goes down, our SBD (which we receive half from our payout) can buy  more STEEM, holding all else constant.
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@nishaopt ·
Hope things will be alright soon and good times will come again 
-cheers-
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@jaraumoses ·
That was really a perfect screenshot and crypto is not for the faint hearted.
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@xabi ·
$0.03
Does this means that steem and sbd distribution in payout will be around 50/50 percent? ???
Did the witnesses started modifying their price feed???
👍  ,
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vote details (2)
@dragosroua ·
as far as I know the price feeds bias is not modified yet.
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pending_payout_value0.000 SBD
promoted0.000 SBD
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author_reputation283,284,114,896,802
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@robinsoncaiso ·
great information buddy :)

thanks for sharing us
properties (22)
post_id26,203,837
authorrobinsoncaiso
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t100208827z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 10:02:12
last_update2018-01-17 10:02:12
depth1
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curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
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author_reputation165,958,690,743
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max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@decebal2dac ·
$0.46
I was just wondering these days if this is happening now(the parity) will the percents of author payout come back to normal ? if they will what will happen then ? 

this looks to me like whatever the community decision will be you can't really get it right..
👍  
properties (23)
post_id26,203,849
authordecebal2dac
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t100217624z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 10:02:18
last_update2018-01-17 10:02:18
depth1
children1
net_rshares54,635,107,318
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cashout_time1969-12-31 23:59:59
total_payout_value0.460 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length258
author_reputation13,981,557,579,173
root_title"STEEM and SBD at Parity"
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author_curate_reward""
vote details (1)
@dragosroua ·
$0.03
I don't think the parity may affect the payout distribution, probably the SBD coming down to the peg will do, and it may be like it initially was: 50% in SBD + liquid STEEM, and 50% in Steem Power.
👍  
properties (23)
post_id26,205,420
authordragosroua
permlinkre-decebal2dac-re-dragosroua-steem-and-sbd-at-parity-20180117t101401144z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 10:14:00
last_update2018-01-17 10:14:00
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total_payout_value0.021 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length197
author_reputation283,284,114,896,802
root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@gary-wood · (edited)
$0.03
Markets will go crazy this month and possibly next. No idea about Steem price i do expect BTC to drop further and i already have my buy orders set $6000 -$8000.
👍  ,
properties (23)
post_id26,216,123
authorgary-wood
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t113444137z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 11:34:45
last_update2018-01-17 11:35:09
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cashout_time1969-12-31 23:59:59
total_payout_value0.030 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length160
author_reputation407,380,277,804
root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@cityslicker ·
$0.03
parity achieved again i think now its going to be forever
👍  
properties (23)
post_id26,224,053
authorcityslicker
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t123247115z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 12:32:48
last_update2018-01-17 12:32:48
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children0
net_rshares3,942,004,014
last_payout2018-01-24 12:32:48
cashout_time1969-12-31 23:59:59
total_payout_value0.030 SBD
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body_length57
author_reputation4,749,705,326,484
root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@justinomora ·
$0.03
Tomorrow I will receive my first Payout from Power Down, and I will buy some SBD. Why? Crazy? No way. It happens that some of the Steem I currently have came from buying up to 3 Steem per SBD. In addition I need SBD for betting at the horse 🐴 Bot Bidding Game.
👍  ,
properties (23)
post_id26,225,940
authorjustinomora
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t124520879z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 12:45:24
last_update2018-01-17 12:45:24
depth1
children0
net_rshares4,217,947,211
last_payout2018-01-24 12:45:24
cashout_time1969-12-31 23:59:59
total_payout_value0.030 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length260
author_reputation2,596,835,529,332
root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@mawit07 ·
$0.03
I wonder as we move forward how much this will affect rewards. It seems we will be earning less steem when converting SBD to steem in a 50/50. However this may raise steem prices. Thanks.
👍  ,
properties (23)
post_id26,226,839
authormawit07
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t125050753z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 12:51:18
last_update2018-01-17 12:51:18
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author_reputation37,921,795,238,342
root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
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vote details (2)
@trevor.george ·
$0.28
I was hoping that SBD would still be a bit higher today so I could use it to buy the dip. But since it too has gone down a lot, it's not economic for me to d so. Bugger.

So I'll accrue some more and wait for the next pump. And then.... watch out crypto world!
👍  ,
properties (23)
post_id26,296,810
authortrevor.george
permlinkre-dragosroua-steem-and-sbd-at-parity-20180117t200035361z
categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
created2018-01-17 20:00:36
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total_payout_value0.264 SBD
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root_title"STEEM and SBD at Parity"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
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vote details (2)
@dragosroua ·
I'm trying this as well, for a change (until now I sold at market price and powered up significantly). I'm curious how this will pay out :)
properties (22)
post_id26,297,890
authordragosroua
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categorysteem
json_metadata"{"app": "steemit/0.1", "tags": ["steem"]}"
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