Aggroed: Next year there will be flowers.
Skeptic: How can you say that? The world is messed up! Prices are lagging!! Other currencies exist and they are our competitors! Challenges ARE EVERYWHERE!?!!?!?!?!
Aggroed: Because we're planting them.
SBDs
Steem has been doing well and growing. It's not quite as fast or as sexy in it's growth as some of the other coins just yet, but it's growing and moving. Then the Koreans put Steem and SBD on one of their smaller exchanges. Then they started pumping SBD. I think the logic goes something like there's only 3.6M of them. They don't grow that quickly. They are free to use and useful because transactions confirm in 3 seconds, and ultimately they look pretty cheap. They started stocking up! We had up to $15 SBDs. BTC tanked a little and we're back down to $7-8 SBDS, but either way when you get your post rewards it's a ton of money.
A post pays out roughly 0.4 of the value of what's shown on Steemit.com in SBDS. Then you multiply that by $8. So, a hundred dollar post on steemit will pay 40 SBDS and you multiply that by 8 and your post is worth $320!!! That's a ton of money for something that you likely spent 1 hour writing (there's usually a project or expertise behind that too). It's a great return! It helped push our activity way up!!! We just broke the record of active number of users at 44k and it's going up even more. Thanks @penguinpablo for keeping great stats on this!
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