Quote from: LiV3WiR3 on August 09, 2017, 02:39:39 PM

Hey Guys!
I have a question regarding the currency Steem Dollars (SBD). Dunno where else to ask it.
Is SBD's dollar pegging mechanism still operational or broken? I'm asking because ever since the stupid ass pump in April, the currency seems to be in a freefall state. It had swings before too, but was relatively a lot stabler.

It is currently trading at about 96 cents and has been in a range of generally 90-105 for the past month or so.

The 'freefall state' you may see on charts is the price against BTC, which has been rising sharply against USD. If you look at a chart against USD there are some fluctuations but no freefall (once it returned to about $1 from the earlier pump)

Quote from: chryspano on August 09, 2017, 05:15:20 PM

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I bought a solid amount of steem and powered it up. I have been looking on steemd and I can see my vests however it doesn't seem like I'm generating new ones.

In steemit click in your wallet and write down the amount of steem power you have, check again(refresh) later and you will see more steem power this time. That's all that maters imo.

You can also see the SP/VESTS exchange rate steadily increase at the top of the right side sidebar on steemd.com. Currently:

Code:

steem_per_mvests
484.393

Quote from: Arkh on August 09, 2017, 04:22:19 PM

Is there a reason that steem is disabled on polo ? I have 1k steem stuck over there that I was not able to withdraw.

You'll have to check with poloniex support (kind of a joke, I know). I've noticed that it seems to go on and off every few days.

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Steem appear to be pretty fascinating and I believe these inflation changes are sustainable and beneficial to the holders.
I actually have another interrogation, after reading about the consensus on steem, it doesn't seem worth to me to be a witness or miner, as most of the blocks are generated by the top 19 witnesses, 1 is by a backup witness and 1 is by a miner on the PoW channel.

One thing to keep in mind is that backup witnesses now get 5x more reward per block than top 20. That was done to somewhat balance the rewards. The top 20 still get more, but the disparity is reduced. PoW is disabled BTW. It might be brought back in a more limited form later.