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RE: Vlog 224: The results of a high SBD price. A personal view.

in #life • 7 years ago

@exyle do you think the creation of more SBD is related to the inflow of newbies to the platform?

Thanks for the explanation. I’ve been trying to find more info on how to best build my SP, support the platform, and create a nice passive income for myself. Any advice will help...

7 years ago in #life by
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     7 years ago 

    No, as he explains it's related to the average price of steem over a few days. The more steem is worth the more SBD's get created at time of payout.

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       7 years ago 

      The average price of steem has to be effected by the number of new people demanding steem... so that’s why I asked the question...

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       7 years ago 

      Well, as things are right now the majority of the demand for steem comes from traders on one exchange, and I have my own ideas on that as do others. Nothing wrong with asking questions, sorry if I sounded dismissive or insulting.