Hello Steemians, howdy?
I remember in December when our SBD shot through the roofs. It gave all of us immense joy and freedom to see the currency that we used/earned everyday increase in value to multiple times beyond its original worth.😎😎
Steemit was likened to a busy market square on those days. Everyone wanted to trade. Buying and selling was so intense. Posts, comments, upvotes, high salaries, and good payouts.
At that moment, you could literally say that Steem was the goto platform for blogging. Everyone earned something for their time and efforts.
It even spiked our Alexa rankings and Google search activities. When the community is happy the network is happy. When the network is happy then mainstream adoption is nearby.
So in view of all these positives, would you guys desire another SBD hike? So many people don't seem to notice when Steem is pumping . But whenever SBD spikes, it brings a much more positive stream of response.
Given that there are the opposing side of the game. Some people believe that Sbd should be a fixed asset pegged at $1 . They feel it aligns with the blockchain's goals much more closely.
The original whitepaper used Sbd as a form of inflation control on the network. However, when the peg broke it was obvious that our blockchain was super adaptive. At some point we were even paid in liquid steem just to buffer Sbd excess and create scarcity.
Yeah. Haven't seen a high in price like that. Would love to experience it. Let it spike so high that even 1 of it could buy a land 😁😁
I've learnt over time to look for the good in every situation and I will say pump or peg it's all good if you know what I mean 😉😉.
Peg?
No oo
Pump please😀
Last year december was wonderful...😂, jusg a spike like that this month too.
To be frank, since I wasn't around that hike in December, me I want it now oo😂.
At least it would make my plan of buying a bag of rice when visiting home successful.
Pump please.. Who peg epp?
As an economist I understand the importance of price control measure such as price floors and price ceiling
But as a radical crypto currency enthusiast I say the more the merrier.
i think SBD is still doing well on the blochchain and is graually imroving steadily and i like
i think SBD is still doing well on the blochchain and is graually imroving steadily and i like
I need the spike in price in my life like kilode!
Pump already!
I want steady sustainable growth for SBD not a pump. A pump will scare potential newcomers.
Please i want it to pike o...It favors all that way..
SBD to the roof is good for everyone, especially minnows and newcomers, on a short term. Most people are happy, steemit gets good reviews, a good number of people plus influencers coming in. Steemit will be better for it.
And you also get a good SP when powering up.
I don't think it is healthy from investors point of view, most people will be taking payout, which I think may stunt steem somehow (not really sure about that). But I know most people will high SP and steem definitely prefer a spike in steem to SBD anytime.
Edited : December, the month I joined, was a swell period. I made some nice SBD.
Been new to steemit, I thought that was how it would continue. I never really understood the 'power' in steem power, so I missed out on powering up at a good SBD to steem ratio. Then 1 SBD can get you 4 or more SP.
I want another chance to correct that 'mistake'.
Thanks for this insight. I wasn't around by December either but I'm wondering....
Do we (as Stemmians) have the power to influence this movement or can our mere desire and response make it factual!?
To the best of my knowledge, the price of sbd whether spikes or reduced Depends on how the people on Steemit invest or act so if it's pegged at $1 I feel the potency of the system might be reduced.
The purpose was to put power to the people, freedom. Why then allow what we earn and the value of what we earn to be limited.
I say sbd shouldn't be pegged.
I don't know the negative sides lf pumping. But a bigger carrot, encouraging a rabbit to get the job done, is better than a medium sized carrot to make him do a mediocre job.
Though we shouldn't be inspired by rewards alone. But am sure here on Steem, you need am ample dosage
If there's anyone who wants a hike in the price of sbd more than anybody else, that would be me.
I joined Steemit this year though and only had the opportunity of selling one sbd for #2400 and that was the first and last time it happened. 😔
After then, it's been for less and nonetheless, I have remained faithful and committed to Steemit despite the not so good payouts I get while many have given up.
I believe there'd be more activities here if there's a hike so let it go up mbok....
Lol