A few days ago I read a post where the SBD was projected from $ 50 to $ 100 by the end of the year. What do you think about that?
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A few days ago I read a post where the SBD was projected from $ 50 to $ 100 by the end of the year. What do you think about that?
Not likely. SBDs are automatically generated by the rewards stream, so the supply is increasing. They're only destroyed by conversion, which is now disabled. So there's more supply.
I don't see a corresponding increase i demand.
I understand your point but where I read it was about how popular steemit is and the impact it would have if more people join us. Actually he was being optimistic as steemian
That'll help the price of STEEM more than the price of SBDs, I think.
The same is good news!...
Glad to see so!