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RE: Vote @FullTimeGeek for Witness!!
IMHO, if you don't want any liquid Steem or SBD, you can opt for 100% power-up and you won't make any loss until SBD hover around $1 USD (in the open market). But when SBD prices gets higher, you should opt for 50-50 payout and convert SBD to Steem to SP from the market to get the best return on your earnings. Hope it helps.
yah @xyzashu thats part of the question, does the sbd rate go up or down depending on usd value, if i get the same amount when it sells for 3usd a piece its obviously better but if it hovers around the same power up and down over 7 days continuous seems like the better option, i just dont know how its distributed, id give someone's arm and someone elses leg for that ... i'm officially sleeping but i had a space trailing me ... i had to get it off my back
i think i did, sed is a wonderful thing, i came in about a year ago and steem sbd was UP there i have seen nothing but down since and still i believe its the age of the utility token, the age of the speculation coin is over
Well, regarding the distribution of SBD; its printing was stopped as total SBD worth went over 5% of total market cap of Steem. The SBD printing used to be throttled when its worth was between 2% & 5% of total Steem market cap. Since this figure was changed to 9% to 10% in this Hardfork, SBD printing has re-started in the current market scenario too. But if Steem prices tank further or SBD prices are sufficiently hiked, it may stop again.
You can refer to my following post, in case you are interested in this:
https://steemit.com/steem/@xyzashu/printing-of-sbd-is-throttling-now-sbd-prices-gonna-rocket-soon-shouldn-t-you-buy-sbd-instead-of-steem
that's an awesome and clear piece, i think someone already told me the actual value on the day of payout stays the same wether you pick sbd or steem so yet this confirms it, i have at least one account where i need calculations on payout so simply powering up 100% is a lot easier in that case, because the rest is speculation, right ?
you can "hodl" on your sbd supply hoping the price goes up then sell it for steem, which is actually a pretty wall-street-type scenario for a place full of people always talking about "how its not about the money", lol. I totally understand the how and why in the design here since the steemchain needs people to power up, that's why you can not choose a 100% payout and that's why you simply can't drain your account in one go, i assume if someone with a few million would do that it would have consequences for the whole network.
makes it both overly complicated and interesting at once : complicated because there's no need for the extra because its pegged so the amount will vary which makes for numbers on top, but that's probably interesting for the speculators who still live in the age of bitcoin lol ... i see, thanks a lot !!!!! im slowly getting to upvoting the replies as it recharges i'm sure i'll get here before seven days