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RE: SBD channel and triangle breakout 19.12.17

in #sbd7 years ago (edited)

What is your reasoning? Simply that it is pegged? There is no peg anymore obviously. SBD has a basic flaw in the way it is designed, that makes a peg impossible now. I am not gonna talk about what it is of course, because I want it to stay as is.

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The peg should be viewed as more of a safety net for the value rather than some bitUSD. I also think SBD would stay 4-5 times higher than STEEM. Unless I think I could time the market (almost impossible) I feel safer keeping my SBD instead of converting to STEEM as you mentioned in your STEEM post.

But I don't keep around pre-conceived strategies. So I might actually end up getting STEEM. Time will tell.