You are viewing a single comment's thread from:

RE: Daily Steem Stats Report - Thursday, February 01, 2018

in #steemit7 years ago

@penguinpablo

Regarding this;

image.png

Do you think that 1 Users are holding SBD instead of exchanging for Steem and 2 that SBD has been rising because users are not selling? Also I have a 3rd question I was wondering today, can you answer for me? Steem Dollars are created when users vote and steemit creates the new supply, but is there a fixed amount? where can I find information about the supply and creation of SteemDollars? Ive read both white papers but it doesnt really elaborate. Either way I am acquiring more SP, STEEM and SBD. Thanks for the Steemit updates! It really has grown.

Sort:  

The option to convert SBD to STEEM has recently been removed from steemit.com (the UI) because of the high price of the SBD. Converting to SBD is not the same as selling to SBD. Selling is still posible in the internal market. The reason converting has been removed is that selling gives you currently a lot more STEEM.

SBD has no fixed supply.

You can find the current STEEM and SBD supply on my block explorer website: https://steemblockexplorer.com. Search for 'current supply' and 'current sbd supply'.