At the moment of writing SBD was trading at $5.775 and STEEM at $4.888, according to numbers pulled in steem.supply from Coinmarketcap.
Total circulating supply is 5,856,471 SBD, a significant increase from two months ago, when it was just under 3.5 million.
For 1 SBD you get 1.182 STEEM, lower from yesterday's level, which was around 1.223 STEM,
If the trend continues, SBD will reach 1 to 1 parity with STEEM around the end of the weekend, or at the beginning of next week.
There's no guarantee that this will happen, obviously, but it felt interesting to play a little bit with the numbers.
What do you think about this?
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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I have no idea how this will turn out, but over the course of the months I found out STEEM is one resilient mofo. I wish SBD would keep its price or even trend higher but looks like its not gonna be the case.
I wonder that whether SBD will go down after the parity. Trend looks likeSBD is keeping down along STEEM when BTC is down. But SBD stays stable when STEEM goes up. Looks like SBD is losing the momentum, surely momentum with the STEEM now.
But it's inching in the wrong direction.... Should both be going up! STEEM should be higher than SBD in my opinion. The power of the platform is STEEM.
I think the same, STEEM is the base currency, but the trend is supporting this. SBD should trade lower than STEEM, while STEEM should keep going up.
@dragosroua: But that is not what reality is telling us, at least since December 2017. Still no one has given explanation of why that happen, SBD reaching 14.
One variable I found out is using SBD as Rocket Fuel for Bidding Upvoting Bots. Think about it?? If you goes into a Bot Manager Role, you need a lot of SBD.
If I were an investor, I will go that way to make my investment get 20% a week. In my current BOT Game I am making higher than 50% per Bid.
SBD and steem have been fluctuating above/below each other ever since the creation of Steemit and there is little rhyme or reason. That's the only reality.
why is this significant?
it will affect the payouts, less liquid rewards.
@dragosroua: Which ones do you call Liquid? Let´s face it: 50% of 75% is in SDB which can be used as Rocket Fuell for Bots in order to get FAT.
The other 50% of the 75%, goes into STEEM but with strong impact from the divisor: Steem Market Value, hence you get much less real money than the generated via SBD.
Run a Test an with the 50% of the 75% paid in Steem, buy SBD and compare with the 50% of the 75% given in SBD, and tell us.
SBD.
Payout...!
I like that..the more the better.
first thank you very mush for this great site steem.supply
and i think the same thing
SBD = steem = 5 dollars
And it inches even closer after you posted this. I'd say one more week till its a 1/1 ratio.
The value of both has been approaching in the last days, it seems that if the trend continues to equalize, It would be interesting to see what would happen to the market if that happened
This will take steem/sbd to the moon if other reloading stations and other related businesses also key into this idea
Though I am still wondering why did SBD reach the levels it did?
Cuz it is easy to pump, just look at order books, even I alone could push the price up lol
1 factor: The use of SBD as Rocket Fuel for Upvoting Bidding BOTS. Think about and you will reach same conclusion.
How will this effect our rewards ?? I have already lost like 5 SBD rewards due to price fluctuation.
If you are loosing SBD is because you are unaware of the BOTS Bidding Game which cause your SBD grow like rabbits, plus giving you some SP
Enlighten me on this bot business, o wise one.
http://www.steembottracker.com
I have been enlightened. thanks a ton :)
If you have any questions, please feel free to contact me. I will answer if I know. Otherwise, I will research problem
Already following you thanks a ton :)
Helpful post.
This is very helpful for newbies.
Thanks for sharing the information about steem market and price.
Very informative post it steem of
This is scary because I never thought it would drop this low but the whole market is down as well
While I miss when SBD was at 12$, since I made plans for 2018 in that period, having it be a stable 5 would be preferable to it floundering around 4 or lower.
Thanks for sharing information
Helpful post
I hope SBD will go up again... I know it's not even supposed to be as high as it is right now, but it was such a nice surprise when it went up like that!
But if the Steem price is the beginning of a steady growth, that's of course even better!
oh...why didnt I power up more when it was 0.17 :(
Not only is trend supports the two reach a parity but the fundamentals are there too. SBD is designed to be worth $1 USD while Steem is not. I think if we truly get to parity it will likely accelerate where SBD continues to fall while Steem continues to rise.
Indeed not good news, but for now even if it is parity the 50/50 post rewards will still benefit users. I think as long as SBD is greater than $1 the users will get more Steem when exchanging with SBD than straight 100% Steem post rewards. I am hoping SBD stays around parity rather than have a continuous fall back to $1 so that it rewards users more :)
If SBD is in the path to attempt to reach $1, that is why I am Powering Down, in order to buy SBD with less Steem, after having changed my SBD for more Steem. In fact 3 to 1, but in that scenario would be the reverse.
Why do I need SBD? To use as Rocket Fuel for BOTs. Even at SBD = 1, the BOT Game War will make sense. Lets see if I am correct?
You have a point. I was focus more along the SBD and Steem relationship. But yes I agree upvote boughts will push ROI higher even if SBD is lower in value.
i'm kinda still shocked they are staying around that amount, thankful for anything more than a dollar if i'm honest but preferred it around the $10/$13 SBD amounts of course! :) seeing steem healthy at $5 is nice before it feels like we have a proper crypto instead of some irrelevant sh**coin. happy for any growth spurts with either.
Well, I think the SBD is really bound to approach $1 due to its initial design. On the other hand, STEEM is expected to increase in value if the perceived value of Steemit increases. Hence, there is reallly high possibility of experiencing lower SBD:STEEM ratio.
Well, I'm no expert so just correct me if I'm wrong.
But I have a personal feeling about SBD. When People discover the heavy use of BOTS to collect money from the reward Pool, the will start buyin up SBD since most of those BOTS charge fees in SBD.
Currently I am Powering Down to be ready if STEEM over pass SBD to buy SBD cheap and use it as Rocket Fuel for the BOTS, which I learned to use this week.
Currently I have selected 1 dozen BOTS to test. By I am short of SBD and money, too. But I am testing the use of BOTS as a mechanism to generate directly SP via the (75% Split/2)/(Steem Market Value) based on the latest finding of Mr. @dragosroua about the formulae involved in making cash income calcutation.
finally the increasing supply seems to be working is there any maximum limit of these sbd coins i don't seem to find any info
steem bull run will be back
At what point will we see SP, STEEM, SBD payouts again?
Starting at parity? Or is it that STEEM is over $1?
Finally they met back again at a higher level