SBD Potato Day 42: Make SBD $1 Again!
Conversion Report
Now automated at 10-minute intervals, if there is STEEM present in the account the bot will sell it on the internal market for SBD at a max rate of 300 STEEM per cron interval, this rate can be adjusted in Config Vars.
Thereafter, all available SBD is placed into conversion automatically.
The code repository can be seen on this Github link.
If you would like to see the code in action, donate STEEM directly to @sbdpotato and watch the bot do its thing on https://steemd.com/@sbdpotato.
Feel free to follow the conversion progress via the links below:
Individual conversions in progress can be searched here: https://steemdb.com/labs/conversions
Total conversions in progress can be seen at: https://steemitwallet.com/@sbdpotato
Vote for this post to help fix the Steem Dollar Peg!
In case you missed it; here is THE LINK to the intro post about @sbdpotato.
TLDR, you vote for @sbdpotato's daily posts and the rewards @sbdpotato earns will be used to purchase SBD on the internal market, convert it to STEEM (reducing the SBD supply) and then the converted STEEM will be used in a circular fashion to purchase more SBD - Rinse Repeat! That's basically it!
Today's SBD Price (Spot): 0.600 USD
Current Debt Ratio: 15.86%
Target Debt Ratio: 9.90%
What do you get out of supporting @sbdpotato?
Well firstly by voting this post you will be helping fix SBD to get it pegged to 1 USD again as it was meant to, this could also help bring the STEEM price up with it. There is a theory that the two are circular, a strong SBD gives support to healthier STEEM prices, perhaps due to positive sentiment in the network.
In addition to doing your part to improve the economy of the Steem network, you will also earn SP curation rewards from voting the post that hopefully get decent traction.
You can set the @sbdpotato account on autovote using a service like beta.steemvoter, by creating a stream to autovote the @sbdpotato account at around 4 or 5 minutes as per the screenshot below. There are also other autovoter services you can use if you prefer.
Conclusion and Disclaimer
All images used a royalty-free, courtesy of pixabay.com.
As custodian of this project I, @thecryptodrive, will not derive any monetary value therefrom and undertake this under my duty as Steem consensus witness and ambassador.
I hope the Steem community will embrace this idea of supporting the SBD peg by voting the @sbdpotato posts regularly, alone we are powerless, together we can bring about change.
Sponsors
If you would like to have your banner featured on the daily posts, simply upload your banner in our comments sections and pledge to vote for @sbdpotato daily and/or include @sbdpotato as a beneficiary of your own posts!
Additional vote #1
This post earned a total payout of 10.204$ and 7.672$ worth of author reward which was liquified using @likwid. To learn more.
Additional vote #2
This post earned a total payout of 9.990$ and 7.511$ worth of author reward which was liquified using @likwid. To learn more.
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great post
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Saludos comunidad @sbdpotato
is good
woooow yeeeessss
shame that you have to do it not STEEM INC...
With the amount of stake they hold, they could get the peg back to $1 very fast, but you have given me a great idea. In the new year I will apply for delegation from Steemit for @sbdpotato to speed this along. :)
this would be awesome
wooooowww yesssssss
Okey, I agree with you, and I follow the link to know the process. I am sure SBD gonna be $1 again. Nice presentation.
Regards from Indonesia.
On STEEM, EOS or BITSHARES? have crypto? Human Trafficking Included. This is on VOICE as well. The developers are helping terrorists human traffic. WARNING
Self proclaimed community watchdogs are actually hacking and stalking people.
This group https://steemit.com/@steemspeak is ran by https://steemit.com/@fyrstikken. They are hacking people that enter this discord server https://discordapp.com/invite/sqxV63P . Once you are hacked they profile you long enough to know all of your activities. They introduce workplace gangstalking visits and bring it to your attention cleverly and discretely so only you get it. They are very covert and tricky with everything they say and do in this server. Some claim to have worked for or are working with the FBI and the NSA. Mixed with decommissioned traders and coding criminals, Its a scary mix of creepy people and their intent is to drive you crazy and deplete everything you have ever acquired in life, even your freedom.
My hacking started with them introducing ransomware that has options, dump my coin or delete my system drive. They acknowledged this to me in the server as it happened. I've been following this group since before it was on discord. I joined when it was on teamspeak.
This hacking and stalking is done so they can manipulate the target to pump and dump for them. Threatening and Making victims wear head phones, so nobody in your household can hear thier dramatization towards you. In 2017 this server was side marked as a drama show for entertainment purposes only as an excuse to say whatever they want all the way down to killing a politician. They have a server side command called "hey asshole" making a prompt come up instructing everyone to wear headphones. They want everyone wearing headphones so nobody in your vicinity can hear them mess with you. Fystikken says its because of "mic feedback" but once your a target you get exactly why they make everyone wear headphones.
With headphones on they subliminally direct victims with very low suggestive whispers mixed into their radio shows music. Combine this with them being able to manipulate their own individual outputs sound volume, which they control on the server side, they can pick what individual people hear at any given time. They decide who you hear on the server and change the volume controls for them. They can make some really low or off for those trying to investigate. They control who hears what and know who is who.
This team will find absolutely everything they can about you prior to using their suggestive and threatening program. They Introduce pictures that mean something only to the target, inducing paranoia while they watch and listen thru all of your circumvented devices. They are very aware of what makes you tick. They know your work schedule and use it for work stalking along side of this. I received multiple threatening letters to my work and home addressed to my screen name from this group.
Fyrstikken tells people they are drafted like they did with Facebook at the beginning. He says Facebook was started by forced labor and V2K controlled slaves, just like he creates with his gang for steem and crypto. "Get to work bitch" he tells people once circumvented and intimidated.
Human trafficking is worse than drugs. Steemit censors important content that will expose them. Look at steemit.com/@gangstalking
awesome wooooow
Congratulations @sbdpotato!
Your post was mentioned in the Steem Hit Parade in the following category:
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Thanks for the post.
This post earned a total payout of 37.545$ and 28.229$ worth of author reward which was liquified using @likwid. To learn more.