It's been more than a week since SBD keep sinking. Everyone's wondrin' if it will rise again.
Well, that's a big question to me too. Lets just wait and see. :)
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Hello @zoeroces. I had the same sentiments about waiting for SBD to rise before either cashing out or converting to Steem. However, in one of my posts where I discussed the effect of a higher Steem value than SBD value on our Rewards, I received one comment from a @bycoleman and this made my decision to immediately convert my SBD to Steem. I am copy pasting his reply to me:
The link to my post is here. I visited the links that @bycoleman provided and indeed there is this issue of bringing SBD down to 1USD. So in the meantime that this issue is not resolved, I immediately converted my SBD's to Steem but didn't power up yet as I intend to cash out for a major expense by next month and I didn't want my holdings tied up to SP which takes 13 weeks to convert back to Steem.
I hope this can help all of you regarding your concerns on SBD's.
Thanks for the mention Gems
Nice post and great insights -- Steem is set to explode once the downtrend in BTC stabilizes.
Ty. :)
Yeeees just wait for it ate pau ^_^
can i convert my steem to steem dollars or should i wait first for the value to increase?
Its better if sbd have bigger value that steem. You can buy mire steem from it :)
Keep holding on lol hehehe
Haha! True!
Think positive that it will rise up.
I always will, paps. :)
make it rise hoooo
I really hope it would rise again :(
We'll wait sis.
SBD, pls rise now! :)
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