I don't understand.

in #steem7 years ago



the price of Steem
..............................................................................................................................................
I've been sitting here...
.........watching the ticker...
...for the last few hours.
(i'm easily entertained)
During that time the Price of steem
Peaked at

now it's back down to

That's GOOD...I like it when it's above $2.00..but that's not the point.
the point is.
during all this time..
SBD's have just been sitting there.
at 'about'

how strange is that?

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I agree 100%. The whole market is bouncing around, but trending up still. It has to be getting to the top of this bull run, but who knows? The price of SBD baffles me to be honest. I'm loving it, but I have no idea.

I hope all is well.

It's all good, but I don't have a clue what it happening...

the end times..
dogs and cats living together.
SBD valued more than STEEM
have another drink

It is strange that we do not see a higher rise in Steem when SBD is at 10x of its normal value.

Looking at this post by @aggroed I would actually prefer if the SBD keeps rising instead of Steem.

good point...

From what I've gathered sbd went up because it started being listed on some trades and because they will be able to be converted into smt soon. It makes sense that steem goes up with sbd so high, many of us are selling sbd for steem and steem power which raises the price. I expect steem to go up more and sbd to go back down, but how much steem will govup and how much sbd will go down I have no idea

nice pic of pondering child. offcourse informative post for me @everittdmickey i am still in learning phase of this stuff keep sharing

What is going on with SBDs is indeed odd. Now I'm getting good exchange for SBD, but it was supposed to be pegged closed to $1. So what if I say that and convince you to exchange your SBDs and then it shoots as high as $14/SBD? That is an amazing return on investment in SBDs.

Now I am not against this YET. I simply find it interesting.

I find it funny how SBD is supposed to be comparable to $1 of steem, however its close to being the other way around.

why strange...it's normal there is an adjustment sooner or later....I believe most investors are bittrex or poloniex users that are just investing in many cryptocurrencies, they predict their growth through mathematical functions and invest...probably most of them don't know the steem blockchain so well and they don't know steem can be used to generate SBDs and more steem...probably some are understanding it now.

now (1 sbd= $11.11usd).( 1 steem =$2.15usd) .i love steemit social network . steemit more than good facebook. image image image image