Published on Aug 30, 2019
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Splinterlands saw a new all-time high of players yesterday and are also running out of BETA packs quickly.

And all this, in the biggest bear market, Steem has ever seen. It just shows why it makes sense to build great applications on a social-economic blockchain like Steem.

Congratulations to the team!

Displayed payout is not the same as actual payout

I saw some question about this.

The displayed payout of a post doesn't match the actual payout.

The reason this is happening is that the price feed currently is stuck on $0,21 cents. This is what most front-ends use to display the payouts on posts.

Screenshot 2019-08-30 at 10.09.51.png

The reason it's stuck on $0,21 is that the failsafe has kicked in where an SBD can not be converted for $1 worth of STEEM. This is to prevent heavy inflation because of the low STEEM price

The real price of STEEM is of course currently $0,16.

Screenshot 2019-08-30 at 08.29.38.png

88,56*$0,21= $18,xx (this is what is displayed but it's wrong)

88,56*$0,16 = $14,xx (this is right)


Yesterday we had another hard fork. It has been implemented without a hiccup.

The way is now paved for communities and SMT's.

Steem price and #newsteem

The price of STEEM is still $0,16. I bought some more this morning. I think ultimatly STEEM won't be the token that rewards content creators, it will become a utility token.

It will become the...

  1. Main trading pair vs SMT's.
  2. and it will be needed for RC credits.

SMT's/SE tokens will reward content creators in the future.

I'm buying with confidence because I realize Steem is becoming too big to fail.

I talk about it more in my vlog.

I am part of witness @blockbrothers.

Please consider us for your witness vote if you think we deserve it here:

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exyle palnet steemleo

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