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RE: What's Next For Steem-Backed Dollars (SBD)? Probably Up, Or Down...Or Sideways. So Buy! Or Sell...Or Hold?

in #steem7 years ago

The most plausible explanation appears to be the addition of new Korean demand.

"when its actually pegged to 1$?"

Well, we're seeing now that the SBD "peg" is a very soft one. It's more of a "suggestion" than a true peg. We'll have to wait and see if it returns.

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Alright, thanks for the explanation :)