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RE: STEEM VERSUS STEEM DOLLAR - SEEN ON BITTREX

in #steem7 years ago


OR I can just ask you . . . . WHAT? Are the Koreans jumping on SBDs?Thanks @stokjockey, I hope SBDs kick out another Run. . . but now I have to go find out what you are talking about. . . . I see STEEM and SBD are listed on crypto exchanges in Korea. More for me to learn. Maybe the price jumps based on the Korean time zone. . . More for me to research . . . .

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I was reading a couple of weeks ago since the SBD was listed on the Korean Exchanges that they were buying SBD because they did not understand how it is different from STEEM. I don't know all the details but maybe they think SBD is better because there are fewer outstanding tokens total..

I saw some comments about the circulating supply of SBD (7,781,812 SBD) is low compared to circulating supply of STEEM (247,993,543 STEEM). So, the perspective was that SBD was better - I agree that it's not clear how SBDs are created and destroyed. I'm just glad to see them rising. Cheers @stokjockey.