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RE: Vlog 224: The results of a high SBD price. A personal view.

in #life7 years ago

You're one of the good guys, @exyle . Some really good points that you make, especially about the currency peg. Will need to read up a bit on forex and currency pegs from my days at the university, but it sounds to me from your video that content creators really can't count on a high SBD price forever. Other Steemit bloggers have been talking up $20 Steem (and higher), and now I'm starting to think that maybe that is being a bit too optimistic. Is that right?

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I think long-term the price of SBD will move back to $1, but it could be a while.

on the other hand I think long-term STEEM will go up in value a lot more. I don't think $20 is unreachable.