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      "author": "steemitboard",
      "body": "Congratulations @steemingmad! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@steemingmad/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@steemingmad) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=steemingmad)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-commemorative-badge-refactored\"><img src=\"https://steemitimages.com/64x128/https://files.steempeak.com/file/steempeak/arcange/YqQV5Tbj-image.png\"></a></td><td><a href=\"https://steemit.com/steemfest/@steemitboard/steemfest-commemorative-badge-refactored\">SteemFest⁴  commemorative badge refactored</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "If you have any consumer problems with a company soliciting business in USA and they are not responding properly and promptly to your issues, then you should contact the Consumer Financial Protection Bureau (CFPB) for assistance. A friend had his account \"disabled\" at Bittrex after attempting to transfer funds into the account. It was over a week with no response. A search on Reddit showed others posting waits of over 1 month and still waiting. After reaching out to the CFPB which sent email to Bittrex, he received an email from Bittrex within 3 business days saying they are now aware of the issue and are giving it the highest priority to resolve asap. In a total of 6 days after reaching out to the CFPB he had his account fully restored. \n\nBTW, Mick Mulvaney is the Trump-appointed director of CFPB now. He is trying to strip all power from the CFPB because the Administration feels it is not business-friendly. Read how he as requested zero funding for the agency. Mick Mulvaney Calls for ‘Humility’ from Consumer Financial Protection Bureau | https://www.nytimes.com/2018/01/23/us/politics/mick-mulvaney-consumer-financial-protection-bureau.html\n\nPeople are funny. They like to criticize government for rules and regulations until they are a victim. Then they expect all kinds of government-backed rules and regulations to help them resolve their issues. A very wise and rich person told me the reason the USA is the greatest country is because of its many rules of law and regulations which are enforced by a central government. Countries which struggle or are \"developing\" countries don't have enough rules of law and regulation which are effectively enforced.",
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      "author": "itwithsm",
      "body": "really nice information... thanx for sharing...",
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      "author": "robertsekhose",
      "body": "Wow it sounds interesting...thanks for the post....loved watching it.",
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      "author": "steemingmad",
      "body": "I'm going to try to pop the balloon of cryptocurrencies with the following scenario for Ethereum which is a smart contract blockchain platform highly touted as functionally useful and superior to bitcoin for business purposes and therefore deserving of a high coin value.  I'm going to question how can Ethereum justify any particular valuation when it does not matter what the valuation is for a smart contract to be executed.  My conclusion will deduce that the only reason Ethereum (or any other functional coin) has any particular value is merely because of speculation of perceived value, not any real value.  Here goes....                                                                                                                                       So as an example, if someone was buying a home with a smart contract platform like Ethereum, they would have to purchase enough ETH coins equal to the price they are paying the seller and the seller would have to agree to receive those ETH coins as payment provided all contract terms are met.  But upon fulfilling terms of contract and transaction of ETH coins, the seller would likely sell those coins into USD because the volatility of the ETH value is not predictable. Thus those coins are only transiently used on the platform. Neither party desires to own ETH long term.\n\nThat would be the case for most transactions. Wagers, purchases, etc. Buy the coins when you need to enter a contract, but exit when contract is fulfilled. You don't have to buy a bunch of ETH coins and hold them for some future TRANSIENT transaction. We are not doing a transaction for the purpose of collecting and keeping the coins like, er, coin collecting.\n\nMatter of fact, the contract can stipulate only begin the conversion of USD to ETH the instant the terms on contract are fulfilled, and also instantly convert them from ETH back to USD when seller receives them. Then it does not matter what the value of ETH coin is at time of transaction.\n\nEven IOTA has no mining and no transaction fees. So what does it matter what the price of IOTA coin is?\n\nMatter of fact, most coins are like monopoly money. I can arbitrarily say Monopoly $1000 bill can be exchanged for $1 USD for smart contract purposes. I guarantee that the conversion will be accurate and instant. The seller can convert the monopoly dollars back to USD upon receipt instantly as well at same exchange rate. In this process we will document the transaction with blockchain. A week later, the exchange rate may be Monopoly $10 bill equals $1 USD. Doesn't matter. Another transaction can occur with same secure results. The value of Monopoly bill does not matter and is not driven by the transaction needs.  So if the price of the ETH is not driven by any particular transaction, the coin does not represent any share of the company (as stock shares do), and it does not matter what the price of the coin is to perform a smart contract transaction, then there is nothing that support the value of Ethereum other than pure speculation and greater fool theory.  \n\nSame can be applied to the recently red hot Ripple (XRP).  Financial institutions are lining up to use the platform for speed, able to scale, low cost, etc to move money from one institution to another.  But again, when they need to make the money transfer they will convert to XRP for use of the blockchain platform, and upon receipt convert back to fiat currency from which it started.  The use of the XRP as a mode of transfer is TRANSIENT.  It does not matter what the value of XRP is at the time of conversion and re-conversion.  Institutions do not need to horde XRP for some future transaction needs.  It is a use-when-needed platform.  Get-in and get-out of XRP transfer execution.  There is no value in XRP.  The value is in the blockchain record keeping at lower cost than centralized method.\n\nSome exceptions.  Some platforms are structured to systematically increase the value of the coins themselves.  They have some built in method that gives real value to holding coins.  Some method of systematically reducing the number of available coins and paying a dividend to coin holders based on profits accumulated by the platform are a couple examples of ways to give some value to holding coins.",
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      "author": "steemingmad",
      "body": "STEEM\nSTEEM позволяют системе Steem работать. Он не предназначен для использования в коммерческих целях (для покупок товаров или услуг), но для торговли на других валютах для спекуляций.\nSTEEM можно обменять на самом деле, на различных биржах, таких как Blocktrades, Bittrex и т. Д.\nПримечание: STEEM имеет встроенное инфляционное значение. Это означает, что количество STEEM увеличивается. Некоторые другие источники заявили, что максимальное общее количество монет STEEM составит около 666 миллионов. Это одна из причин того, что значение STEEM не поднимается так же быстро, как STEEM BACKED DOLLARS (SBD), см. Ниже.\n\nСТАБИЛЬНЫЕ ДОЛЛАРЫ (SBD)\nSBD являются основной валютой экосистемы Steem.\nТеоретически SBD должен быть привязан к доллару и принимать то же значение, что и последнее. Независимо от того, насколько вы цените или обесцениваете STEEM, благодаря SBD вы всегда можете обменять 1 SBD как минимум на 1 доллар США. Однако на практике было замечено, что SBD может принимать гораздо более высокие значения. Важно понимать, что SBD - это стабильная валюта, или, лучше сказать, «защищенная», ее оценка никогда не должна разрушать минимальную цену (пол) в размере 1 доллара США.\nПримечание. Награды в столбцах Steemit определяются количественно в SBD.\nSTEEM BACKED DOLLARS также можно торговать либо на внутреннем рынке, либо на различных биржах, таких как Poloniex, Bittrex и т. Д.\nПримечание. Максимальный общий предел составляет около 3,6 миллиона монет SBD. Это объясняет, что стоимость пересчета намного выше, чем $ 1 USD, потому что спрос растет по мере роста SteemIt и существует очень небольшое ограниченное количество монет SBD.\nПримечание: текущий рыночный капитал составляет лишь около 45 миллионов долларов США по состоянию на декабрь 2017 года. Мы ожидаем, что рыночный капитал увеличится до десяти раз, что в 2018 году. Это все равно даст рыночный капитал примерно в 450 миллионов долларов США, который все еще очень мало по сравнению с другими монетами, которые имеют миллиарды в рыночном капитале. Многие из них даже не имеют растущей платформы, такой как SteemIt.\n\nЭЛЕКТРОПИТАНИЕ\nSTEEM POWER - это долгосрочная инвестиция. Величина каждой единицы STEEM POWER эквивалентна значению STEEM. Чем больше STEEM POWER, тем больше ценность вашего голоса.\nSTEEM POWER привязана, вы не можете использовать ее для исходящих транзакций или обменов. Вывод разрешен с помощью процедуры Power Down, через которую можно будет снять 1/13 (один тринадцатый) от всей суммы в неделю в течение 13 недель. Но некоторые другие источники говорят, что уходит более двух лет, поэтому проверяйте самые последние правила.\nЕсли вам нравится иметь сильную способность голоса влиять на контент на SteemIt, STEEM POWER - это то, как вы получаете это влияние.\n\nРЕЗЮМЕ: ПОКУПАЙТЕ СТАЛЬНЫЕ ДОЛЛАРЫ (SBD) из-за ограниченного предложения и все еще растущей рыночной стоимости капитала. Опубликуйте ценный контент на SteemIt. Распространить слово.\nSTEEM\nSTEEM pozvolyayut sisteme Steem rabotat'. On ne prednaznachen dlya ispol'zovaniya v kommercheskikh tselyakh (dlya pokupok tovarov ili uslug), no dlya torgovli na drugikh valyutakh dlya spekulyatsiy.\nSTEEM mozhno obmenyat' na samom dele, na razlichnykh birzhakh, takikh kak Blocktrades, Bittrex i t. D.\nPrimechaniye: STEEM imeyet vstroyennoye inflyatsionnoye znacheniye. Eto oznachayet, chto kolichestvo STEEM uvelichivayetsya. Nekotoryye drugiye istochniki zayavili, chto maksimal'noye obshcheye kolichestvo monet STEEM sostavit okolo 666 millionov. Eto odna iz prichin togo, chto znacheniye STEEM ne podnimayetsya tak zhe bystro, kak STEEM BACKED DOLLARS (SBD), sm. Nizhe.\n\nSTABIL'NYYe DOLLARY (SBD)\nSBD yavlyayutsya osnovnoy valyutoy ekosistemy Steem.\nTeoreticheski SBD dolzhen byt' privyazan k dollaru i prinimat' to zhe znacheniye, chto i posledneye. Nezavisimo ot togo, naskol'ko vy tsenite ili obestsenivayete STEEM, blagodarya SBD vy vsegda mozhete obmenyat' 1 SBD kak minimum na 1 dollar SSHA. Odnako na praktike bylo zamecheno, chto SBD mozhet prinimat' gorazdo boleye vysokiye znacheniya. Vazhno ponimat', chto SBD - eto stabil'naya valyuta, ili, luchshe skazat', «zashchishchennaya», yeye otsenka nikogda ne dolzhna razrushat' minimal'nuyu tsenu (pol) v razmere 1 dollara SSHA.\nPrimechaniye. Nagrady v stolbtsakh Steemit opredelyayutsya kolichestvenno v SBD.\nSTEEM BACKED DOLLARS takzhe mozhno torgovat' libo na vnutrennem rynke, libo na razlichnykh birzhakh, takikh kak Poloniex, Bittrex i t. D.\nPrimechaniye. Maksimal'nyy obshchiy predel sostavlyayet okolo 3,6 milliona monet SBD. Eto ob\"yasnyayet, chto stoimost' perescheta namnogo vyshe, chem $ 1 USD, potomu chto spros rastet po mere rosta SteemIt i sushchestvuyet ochen' nebol'shoye ogranichennoye kolichestvo monet SBD.\nPrimechaniye: tekushchiy rynochnyy kapital sostavlyayet lish' okolo 45 millionov dollarov SSHA po sostoyaniyu na dekabr' 2017 goda. My ozhidayem, chto rynochnyy kapital uvelichitsya do desyati raz, chto v 2018 godu. Eto vse ravno dast rynochnyy kapital primerno v 450 millionov dollarov SSHA, kotoryy vse yeshche ochen' malo po sravneniyu s drugimi monetami, kotoryye imeyut milliardy v rynochnom kapitale. Mnogiye iz nikh dazhe ne imeyut rastushchey platformy, takoy kak SteemIt.\n\nELEKTROPITANIYe\nSTEEM POWER - eto dolgosrochnaya investitsiya. Velichina kazhdoy yedinitsy STEEM POWER ekvivalentna znacheniyu STEEM. Chem bol'she STEEM POWER, tem bol'she tsennost' vashego golosa.\nSTEEM POWER privyazana, vy ne mozhete ispol'zovat' yeye dlya iskhodyashchikh tranzaktsiy ili obmenov. Vyvod razreshen s pomoshch'yu protsedury Power Down, cherez kotoruyu mozhno budet snyat' 1/13 (odin trinadtsatyy) ot vsey summy v nedelyu v techeniye 13 nedel'. No nekotoryye drugiye istochniki govoryat, chto ukhodit boleye dvukh let, poetomu proveryayte samyye posledniye pravila.\nYesli vam nravitsya imet' sil'nuyu sposobnost' golosa vliyat' na kontent na SteemIt, STEEM POWER - eto to, kak vy poluchayete eto vliyaniye.\n\nREZYUME: POKUPAYTE STAL'NYYe DOLLARY (SBD) iz-za ogranichennogo predlozheniya i vse yeshche rastushchey rynochnoy stoimosti kapitala. Opublikuyte tsennyy kontent na SteemIt. Rasprostranit' slovo.",
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      "author": "steemingmad",
      "body": "STEEM\nSTEEMs允許整個Steem系統工作。它們的價值是在市場上確定的，它們是高度波動的（因此受到市場波動的強烈影響），它不打算用於商業目的（用於購買商品或服務），而是用其他貨幣在市場上進行交易為投機。\n事實上，STEEM可以在國內市場上交易，也可以在各種交易所如交易所，bittrex等交易。\n注意：STEEM具有內置的通貨膨脹值。這意味著STEEM的數量正在增加。其他一些消息來源說，STEEM硬幣的最大數量將達到6.66億。這是STEEM價值沒有像STEEM BACKED DOLLARS（SBD）那樣迅速攀升的一個原因，見下文。\n\nSTEEM BACKED DOLLARS（SBD）\nSBD是Steem生態系統的主要貨幣。\n從理論上講，SBD應該固定在美元上，並且假定與後者相同的價值。無論您多麼欣賞或貶低STEEM，多虧SBD，您總是可以兌換1個SBD至少1美元。但實際上已經看到SBD可以承擔更高的價值。重要的是SBD是一個穩定的貨幣，或者說更好說“受保護”，它的評估不應該打破1美元的最低價格（底面）。\n注意：在SBD中對Steemit職位的獎勵進行量化。\nSTEEM BACKED DOLLARS也可以在國內市場進行交易，也可以在各種交易所進行交易，例如大宗交易，bittrex等。\n注意：最大總限額約為360萬SBD硬幣。這就是為什麼價值遠高於1美元，因為隨著SteemIt的增長，需求將會上升，並且SBD硬幣的供應量非常有限。\n注：截至2017年12月，目前的市值僅為4,500萬美元。我預計2018年的市值將達到10倍。這仍然只能提供約4.5億美元的市值，與其他硬幣相比仍然微乎其微它擁有數十億的市值，甚至沒有像SteemIt這樣的增長平台。\n\nSTEEM POWER\nSTEEM POWER是一項長期投資。 STEEM POWER的每個單位的價值等同於STEEM的價值。你的投票價值越高，STEEM POWER就越多。\nSTEEM POWER是綁定的，不能用於傳出事務或交換。退出是允許用一個叫做Power Down的程序，通過這個程序可以在13週內每週提取全部數量的十三分之一（十三分之一）。\n由於這個程序，STEEM POWER代表了最好和最安全的方式來積累資金，因為即使在被黑客入侵的情況下，也會有更多的時間來修復。\n\n總結：買SBD。在SteemIt上發布有價值的內容。傳播這個詞。\nSTEEM\nSTEEMs yǔnxǔ zhěnggè Steem xìtǒng gōngzuò. Tāmen de jiàzhí shì zài shìchǎng shàng quèdìng de, tāmen shì gāodù bōdòng de (yīncǐ shòudào shìchǎng bōdòng de qiángliè yǐngxiǎng), tā bù dǎsuàn yòng yú shāngyè mùdì (yòng yú gòumǎi shāngpǐn huò fúwù), ér shì yòng qítā huòbì zài shìchǎng shàng jìnxíng jiāoyì wèi tóujī.\nShìshí shàng,STEEM kěyǐ zài guónèi shìchǎng shàng jiāoyì, yě kěyǐ zài gèzhǒng jiāoyì suǒ rú jiāoyì suǒ,bittrex děng jiāoyì.\nZhùyì:STEEM jùyǒu nèizhì de tōnghuò péngzhàng zhí. Zhè yìwèizhe STEEM de shùliàng zhèngzài zēngjiā. Qítā yīxiē xiāoxī láiyuán shuō,STEEM yìngbì de zuìdà shùliàng jiāng dádào 6.66 Yì. Zhè shì STEEM jiàzhí méiyǒuxiàng STEEM BACKED DOLLARS(SBD) nàyàng xùnsù pānshēng de yīgè yuányīn, jiàn xiàwén.\n\nSTEEM BACKED DOLLARS(SBD)\nSBD shì Steem shēngtài xìtǒng de zhǔyào huòbì.\nCóng lǐlùn shàng jiǎng,SBD yīnggāi gùdìng zài měiyuán shàng, bìngqiě jiǎdìng yǔ hòuzhě xiāngtóng de jiàzhí. Wúlùn nín duōme xīnshǎng huò biǎndī STEEM, duōkuī SBD, nín zǒng shì kěyǐ duìhuàn 1 gè SBD zhìshǎo 1 měiyuán. Dàn shíjì shang yǐjīng kàn dào SBD kěyǐ chéngdān gèng gāo de jiàzhí. Zhòngyào de shì SBD shì yīgè wěndìng de huòbì, huòzhě shuō gèng hǎo shuō “shòu bǎohù”, tā de pínggū bù yìng gāi dǎpò 1 měiyuán de zuìdī jiàgé (dǐmiàn).\nZhùyì: Zài SBD zhōng duì Steemit zhíwèi de jiǎnglì jìnxíng liànghuà.\nSTEEM BACKED DOLLARS yě kěyǐ zài guónèi shìchǎng jìnxíng jiāoyì, yě kěyǐ zài gèzhǒng jiāoyì suǒ jìnxíng jiāoyì, lìrú dàzōng jiāoyì,bittrex děng.\nZhùyì: Zuìdà zǒng xiàn'é yuē wèi 360 wàn SBD yìngbì. Zhè jiùshì wèishéme jiàzhí yuǎn gāo yú 1 měiyuán, yīnwèi suízhe SteemIt de zēngzhǎng, xūqiú jiāng huì shàngshēng, bìngqiě SBD yìngbì de gōngyìng liàng fēicháng yǒu xiàn.\nZhù: Jiézhì 2017 nián 12 yuè, mùqián de shìzhí jǐn wèi 4,500 wàn měiyuán. Wǒ yùjì 2018 nián de shìzhí jiāng dádào 10 bèi. Zhè réngrán zhǐ néng tígōng yuē 4.5 Yì měiyuán de shìzhí, yǔ qítā yìngbì xiāng bǐ réngrán wēihūqíwēi tā yǒngyǒu shù shí yì de shìzhí, shènzhì méiyǒu xiàng SteemIt zhèyàng de zēngzhǎng píngtái.\n\nSTEEM POWER\nSTEEM POWER shì yī xiàng chángqí tóuzī. STEEM POWER de měi gè dānwèi de jiàzhí děngtóng yú STEEM de jiàzhí. Nǐ de tóupiào jiàzhí yuè gāo,STEEM POWER jiù yuè duō.\nSTEEM POWER shì bǎng dìng de, bùnéng yòng yú chuán chū shìwù huò jiāohuàn. Tuìchū shì yǔnxǔ yòng yīgè jiàozuò Power Down de chéngxù, tōngguò zhège chéngxù kěyǐ zài 13 zhōu nèi měi zhōu tíqǔ quánbù shùliàng de shísān fēn zhī yī (shísān fēn zhī yī).\nYóuyú zhège chéngxù,STEEM POWER dàibiǎole zuì hǎo hé zuì ānquán de fāngshì lái jīlěi zījīn, yīnwèi jíshǐ zài bèi hēikè rùqīn de qíngkuàng xià, yě huì yǒu gèng duō de shíjiān lái xiūfù.\n\nZǒngjié: Mǎi SBD. Zài SteemIt shàng fābù yǒu jiàzhí de nèiróng. Chuánbò zhège cí.",
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      "title": "用中文解釋SteemIt。 Yòng zhōngwén jiěshì SteemIt."
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    {
      "author": "tintiano",
      "body": "I plan to invest in litecoin in the new year... \n\nI would like to invite you to Steemit Minnows Party.\n\n@steemitminnows is a close-knit, experimental community of new Steemit members focused on creating engagement on one anothers' posts through more than just upvotes.\n\nWe are a small but growing community and our Discord home is @ https://discord.gg/zPv9kMZ\n\nI look forward to having you onboard with us.",
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      "author": "kimjongkush",
      "body": "It will happen one day, but it will take some time. It is still very early in crypto. Once the price becomes stable and less volatile for BTC we could see Litecoin trading at 25% value. Hopefully when that happens bitcoin is in the millions!",
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      "permlink": "re-steemingmad-litecoin-should-trade-at-25-value-of-bitcoin-20171212t060320244z",
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{
  "block": 18012528,
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    {
      "author": "steemingmad",
      "body": "Litecoin has many functional advantages over Bitcoin.  Litecoin has 4 times the maximum total of coins as Bitcoin.  Litecoin has maximum number of about 84 million coins, Bitcoin has maximum 21 million coins.  Thus Litecoin should trade at about 25% the value of Bitcoin.  BUY LITECOIN.",
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      "parent_author": "",
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      "title": "Litecoin should trade at 25% value of Bitcoin"
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    {
      "author": "steemingmad",
      "body": "It now has a market cap of over $4 Billion.  Testing with banks has begun.",
      "json_metadata": "{\"tags\":[\"cryptocurrency\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "delectable",
      "parent_permlink": "nem-xem-the-greatest-decentralised-hoax-in-history",
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      "author": "steemingmad",
      "body": "Check out Kemet Corporation on this nice pull back with down gap.  Forming base and EPS growth is > TTM PE.   Waiting for next EPS date.",
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{
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  "op": [
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    {
      "author": "steemingmad",
      "body": "@@ -55,8 +55,37 @@\n ds out?!\n+  Is it The Pomegranate Tool?\n",
      "json_metadata": "{\"tags\":[\"health\"],\"app\":\"steemit/0.1\"}",
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      "author": "steemingmad",
      "body": "What is the name of the gadget you used to get the seeds out?!",
      "json_metadata": "{\"tags\":[\"health\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "phelimint",
      "parent_permlink": "i-m-in-love-with-this-new-way-to-peel-my-pomegranate",
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{
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  "op": [
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    {
      "author": "steemingmad",
      "body": "I love SteemIt and all it stand for.  But the display of content does not seem to use monitor screen real estate well.  There is too much blank spacing.  Even the front page does not display very many posts at one time.  I understand the font size must be comfortable for the user, but the spacing is not very efficient.  There are many other blogs which display more content per page and are not an eye-strain.  Hope some staff are working on this aspect of higher visible content per page.",
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      "parent_author": "",
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      "permlink": "steemit-display-format-is-not-using-monitor-real-estate-efficiently",
      "title": "SteemIt display format is not using monitor real estate efficiently."
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      "author": "brothermic",
      "permlink": "promoting-steemit-on-facebook",
      "voter": "steemingmad",
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{
  "block": 17928928,
  "op": [
    "comment",
    {
      "author": "steemingmad",
      "body": "Sorry to keep asking this question, but I'm new to the SteemIt family and I cannot find a clear answer to this question.\nI read on another post that Steem can ultimately have 666 million coins by 2036.  Steem will reach that number because of a built-in inflation of creating more Steem continuously.  Yet SBD is a fixed total number of 3.5 million coins.  So does that make SBD the better coin to trade/invest?  Thanks in advance for any replies.",
      "json_metadata": "{\"tags\":[\"sbd\",\"steem\",\"dollar\",\"power\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "sbd",
      "permlink": "steem-can-ultimately-total-666-million-coins-sbd-is-fixed-total-of-3-5-million-is-sbd-then-better-for-rise-in-value",
      "title": "Steem can ultimately total 666 million coins.  SBD is fixed total of 3.5 million.  Is SBD then better for rise in value?"
    }
  ],
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  "timestamp": "2017-12-09T07:55:51",
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{
  "block": 17928819,
  "op": [
    "comment",
    {
      "author": "steemingmad",
      "body": "I'm new to SteemIt ecosystem too.  This post was helpful.  But 666 million ultimate Steem coins seems to be one reason the value is much lower than SBD, as of 12/8/17.  SBD has fixed total coins of only 3.5 million, right?",
      "json_metadata": "{\"tags\":[\"steem\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "kevinwong",
      "parent_permlink": "why-should-you-consider-accumulating-steem-power",
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      "author": "kevinwong",
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      "author": "steemingmad",
      "permlink": "sbd-has-fixed-total-number-steem-does-not-sbd-value-should-go-higher",
      "voter": "primetimesports",
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{
  "block": 17928579,
  "op": [
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    {
      "author": "steemingmad",
      "body": "@@ -269,16 +269,17 @@\n $13/coin\n+)\n , while \n",
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      "parent_permlink": "sbd",
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      "title": "SBD has fixed total number, Steem does not.  SBD value should go higher."
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{
  "block": 17928568,
  "op": [
    "comment",
    {
      "author": "steemingmad",
      "body": "Thanks for the reply.  That high amount of inflation for Steem still is an increase in supply which will counter some of any increase in demand.  Also, can you or someone clarify is SBD actually a fixed supply? I've read some posts about being able to convert Steem to SBD which CREATES more SBD coins.  Is that accurate or does it really mean Steem is used to purchase SBD, thus increasing DEMAND (not supply) for SBD?",
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{
  "block": 17928384,
  "op": [
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    {
      "author": "fechaugger",
      "body": "The amount of Steem isn't infinite. Their's just a high amount of inflation(purposely).",
      "json_metadata": "{\"tags\":[\"sbd\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "steemingmad",
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{
  "block": 17928342,
  "op": [
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    {
      "author": "fechaugger",
      "body": "fixed numbers can be changed ;)",
      "json_metadata": "{\"tags\":[\"sbd\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "steemingmad",
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    {
      "author": "steemingmad",
      "body": "I'm new to SteemIt.  I asking a set of questions, rather than trying to make any statement.   But I'm confused about why people are surprised that SBD is valued so high compared to Steem.  As of this writing SBD had spiked over $18/coin a day or so ago (now about $11-$13/coin, while Steem is about $1.5- $2.00.   But SBD has fixed total coins of about 3.5million while Steem is being produced more and more thereby increasing its supply appreciably, right?   If I were getting into the SteemIt ecosystem wouldn't I rather own the fixed supply of SBD?",
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      "title": "SBD has fixed total number, Steem does not.  SBD value should go higher."
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{
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    {
      "author": "steemingmad",
      "body": "Thanks for the explanation!  It makes sense now!  I'm keeping my \"private key\" passwrod secure off my computer now.",
      "json_metadata": "{\"tags\":[\"main\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "smitop",
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{
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    {
      "author": "steemingmad",
      "body": "IRS won a judgement to have Coinbase send them client information, trading transactions totaling more than $20,000 from 20130- 2015.  This is the precedent for IRS to come after all cryptocurrency trading activity on all platforms.  \n\nKeep good records of your trades in cryptocurrencies and follow the law.  The law is coming.\n\nhttps://techcrunch.com/2017/11/29/coinbase-internal-revenue-service-taxation/",
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      "parent_author": "",
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{
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    {
      "author": "steemingmad",
      "body": "Is there plan to fork or split SBD because 3.5 million coins is a very limited supply.",
      "json_metadata": "{\"tags\":[\"finance\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
      "parent_author": "",
      "parent_permlink": "finance",
      "permlink": "is-total-steem-dollars-sbd-going-to-stay-fixed-at-about-3-5-million-coins",
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    {
      "author": "smitop",
      "body": "The problem with a password recovery system, is that your password is really your private key. The only solution would be for SteemIt to store your private key, as it's currently only stored on your local computer. That way, even if SteemIt gets hacked, your Steem account won't be hacked.",
      "json_metadata": "{\"tags\":[\"main\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "steemingmad",
      "parent_permlink": "first-post-testing-the-waters",
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      "title": ""
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      "author": "steemingmad",
      "body": "I don't have a story yet.  But I'm very interested in seeing SteemIt grow so I'm hoping to contribute in a positive way.  Keeping the password secure seems to be a hurdle for most new users because most are used to a password recovery system.  Inconvenience for the masses has to be remedied.  Ease of use is critical for mass appeal.  Hope someone is working on this.",
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