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RE: Steem Stats & Steem Economics 2018
As others have already said, this is a great read for those looking at the long term of the protocol and how the foundation is now being set despite the challenge seen in the economics. While there is still a lot of supply out there, the drop in price has provided the opportunity of more long term stakeholders come in and stake them to reduce the supply over time.
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Thanks for commenting - really value your opinion on this. 100% agree what a great price to buy-in. ( I think I bought a chunk at $4.20!). Can you recall if the process of SBD to STEEM conversion worked well for you: I can see you have written about it last month.
It worked really well for me! So much that the second time I bought SBD from exchange and immediately converted. It turned out to be the day that the debt ratio pierced 10%! However, the haircut was smaller that the discount I got under $1 for the SBD which made it another great conversion.
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