Personally, I believe whatever is best for Steem then that should be the option moving forward, I dont think we will see it drop to $1 in the short term.
Although looking at BTC it could happen sooner than expected if the price continues to fall.
Can I ask - Do you think new people to the platform actually understand that the payout that is shown in a $ value is wrong?
I had no idea when I first joined, and many people I speak to don't either.
It was only after watching many videos and looking at articles that I started to understand this.
Conclusion - Long live Steem and Steemit :-)
I had a suspicion the displayed $ value couldn't be accurate. Do you have any references or could you go into as to how that is calculated versus what the returns really are?
@prlndra I use this online tool - http://steem.supply/rewards
Just make sure you change the Steem price and also SBD to the actual price and it will show you your earining per post.
Very good
What is the best place to track the steem/SBD prices? Within the steem platform itself or an external exchange?
I use Coin Market Cap - https://coinmarketcap.com/
On the righthand side is a search box - Type Steem or SBD in there and it will give you the price.
Basically, 1/2 is paid in SBD. The other half is paid in enough Steem to equal the USD value. So, if you see that your post pays $2.00 in rewards, you get ONE SBD. and one dollar's worth of Steem.
Congratulations! Your submission earned you 1.600 STEEM from this bounty. You have received 1.561 STEEM from the creator of the bounty and 0.040 STEEM from the community!
That is AWESOME :-)
Thank you for letting me know @steem-bounty.
Can you let me know where to find out more information about the bounty and how this works as I would like to learn more please.
Thanks
We are still testing and will announce more soon.