fingers crossed :) but what about SBDs... if Steem is going to 100$, is it going to follow the same trend? i'm still struggling to understand the relationship between both tokens.
You are viewing a single comment's thread from:
fingers crossed :) but what about SBDs... if Steem is going to 100$, is it going to follow the same trend? i'm still struggling to understand the relationship between both tokens.
The only relationship that I understand is that when SBD goes up, Steem follows. Think it goes both ways though.
SBD will also go sky high IMO as we will have many users that wan't to pay for upvotes or other services.
When I read the white paper it said sbd is supposed to be pegged to the dollar?? Do you know why it keeps going up and up? Don't get me wrong, i love it, i just think if it ever goes back down to the pegged dollar that lots of people will quit steemit. Its was way harder to make money with sbd that way!
That's exactly what I thought but it must be a misunderstanding from our side as I watched an interview with Dan where he clearly stated that SBD isn't pegged to USD but rather offers a guarantee that it will never fall below 1 USD as you will always be able to convert 1SBD to 1$ worth of STEEM.
oh, well that is really great news to hear! Ive been sitting here wondering when it was going to crash back down to a dollar. Although after this most recent correction when it didn't fall any further down I kind of figured we were at its lowest. Thanks for the update. :)
Yep, supply and demand is bringing us up as Korea is pumping insane amount of cash into SBD in the past couple of days. Wouldn't be surprised to see steem above 10$ again.
Stack some as it will probably go up :)
Im a long term holder when it comes to steem.. i actually joined steemit because i read the whitepaper and thought it was amazing. The fact that i could collect steem for blogging made me realize the value here. I havemt used any of my own money but i have also never spent a single dollar i have earned. I think ill wait till it goes to the moon before i start taking payments., for now its save save save.. 😉