You are viewing a single comment's thread from:

RE: Why It Makes Sense To Pay A Premium For Steem Dollars

in #crypto8 years ago

The amount you're willing to pay for SBD will be completely dependent on what you think the crypto market is going to do. If you're an ETH holder, and you think the price is going to decrease by 90%, you'll be willing to pay a lot more for SBD than someone who thinks the price of ETH will only fall by 50%.

Sort:  

True true, but it hasn't been anymore immune to the same swings as other currencies have faced. That's really my point. Another option could be "Tether", which is supposed to also maintain a price of $1.00. It doesn't swing as wildly, between $0.80 to $1.20. Still evaluating it myself since it could be a place to go when the market drops. Anyway, good analysis. Keep it up.