You are viewing a single comment's thread from:

RE: SBD, What’s going on …

in #steem7 years ago

Thank you for the insight you provided. I can't really see why you mind the price of sbd rising, since it just increases out rewards by a lot. I am actually quite happy about it rising, since I gain more from my posts! Anyways, keep up the good content, friend!

Sort:  

The price of SBD rising is not sustainable. If it continues then the payout distribution of Steem should be looked at.

Well, if it is not sustainable, it will probably drop, and return everything to normal. Or am I wrong ?

What might happen is the pump of SBD will stop and the price is steem will rise so people can may not even notice that someone had been draining the system in the meantime. I don't see that as being very fair especially if we have a way to combat it right now. It seems to be to be a flaw in the system, not to mention a problem for people engaged in economic activity. Two examples:

  • I can't set a prize fund for my monthly competition because I don't know how much I will have to pay at the end of the month.
  • I can't agree a price for online work with people because I don't know how much it will cost.