It's really good to see this @jrcornel.
Maybe this will be enough to finally break a long-term trend of Steem being rated really favorably and yet the token's value being in an eternal downslide. At some point — at least in conventional investing — you reach a critical mass where an asset is so undervalued that the price suddenly explodes when everyone discovers they can buy genuine gold coins for a quarter...
Let's hope that happens here.
Yep, good point. I think we could be on the precipice of that. With SBD back over a dollar and the debt ratio under 10%, that reduces some of the new supply coming out and also puts some upward press on steem as people sell sbd for steem. In my opinion the key to making steem run is simple...
Just get SBD well over $1 and it pulls steem way up with it!
Do you think they'll keep the SBD?