Its impossible to make a coin to be worth X-amount.. When you put yourself on the market where there are buyers and sellers, price will fluctuate or decrease. Its worth what people are paying for it... Now its a stock and an asset.!The market tells you what a coin is worth and nobody knows where this ends. Do you think bitcoin gurus or satoshi himself knew bitcoin would be worth $16000? I don't thinks so..
You are viewing a single comment's thread from:
Then how is tether always $1 ?
It is equivalent to 1$ on steemit and any amount outside steemit.
yesterday I transferred 2 $BD to Bittrex and only 2$ was deducted from my steemit account, I then used it to buy 12.9 Steem which increases my account with much more than 2$