Viewing a response to: @fiveboringgames/re-demotruk-re-fiveboringgames-re-penguinpablo-steemit-com-is-now-one-of-the-500-most-visited-websites-in-the-us-20180119t083710066z
It's neither about the internal market nor the external markets. SBD conversion is a smart contract executed on the Steem blockchain, where the network grants you $1 worth of Steem for each 1 SBD. Since SBD price is way higher than that, there is no point in executing the contract and almost everyone have stopped. Since SBD sells for $4 or higher, executing the contract means you lose 75% of the value (you only get $1).
| post_id | 26,587,518 |
|---|---|
| author | demotruk |
| permlink | re-fiveboringgames-re-demotruk-re-fiveboringgames-re-penguinpablo-steemit-com-is-now-one-of-the-500-most-visited-websites-in-the-us-20180119t085649162z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2018-01-19 08:56:48 |
| last_update | 2018-01-19 08:58:51 |
| depth | 4 |
| children | 2 |
| net_rshares | 294,556,279,565 |
| last_payout | 2018-01-26 08:56:48 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 2.471 SBD |
| curator_payout_value | 0.452 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 424 |
| author_reputation | 96,481,588,331,838 |
| root_title | "Steemit.com is now one of the 500 most visited websites in the US" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| demotruk | 0 | 54,897,627,085 | 100% | ||
| fiveboringgames | 0 | 238,788,636,269 | 32% | ||
| datatreemap | 0 | 870,016,211 | 100% |
Ah I get you, I remember using that contract once and I was like WTF why would anyone use it. Thanks for clearing that up
| post_id | 26,589,832 |
|---|---|
| author | fiveboringgames |
| permlink | re-demotruk-re-fiveboringgames-re-demotruk-re-fiveboringgames-re-penguinpablo-steemit-com-is-now-one-of-the-500-most-visited-websites-in-the-us-20180119t091418983z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2018-01-19 09:14:30 |
| last_update | 2018-01-19 09:14:30 |
| depth | 5 |
| children | 0 |
| net_rshares | 29,535,028,644 |
| last_payout | 2018-01-26 09:14:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.265 SBD |
| curator_payout_value | 0.026 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 122 |
| author_reputation | 30,982,118,529,863 |
| root_title | "Steemit.com is now one of the 500 most visited websites in the US" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| demotruk | 0 | 29,535,028,644 | 51% |
Thanks for exaplanation !
| post_id | 27,462,871 |
|---|---|
| author | datatreemap |
| permlink | re-demotruk-re-fiveboringgames-re-demotruk-re-fiveboringgames-re-penguinpablo-steemit-com-is-now-one-of-the-500-most-visited-websites-in-the-us-20180123t082503732z |
| category | steemit |
| json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
| created | 2018-01-23 08:24:36 |
| last_update | 2018-01-23 08:24:36 |
| depth | 5 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2018-01-30 08:24:36 |
| 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 | 25 |
| author_reputation | 1,548,816,618,912 |
| root_title | "Steemit.com is now one of the 500 most visited websites in the US" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |