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RE: New to Steem - Tip 5 - Steem or SBD's ?

in #steem7 years ago

Oh. If they do this. It would be great for everyone. It would reduce bot usage. Im actually participating in a burn project that tries to reduce the price of sbd and increase steem price.
If they could somehow peg it manually to dollar that will work, but if left like it is i just dont see any way the open market will let the price be at 1$ usd

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Well, when the ideas were put forth, the pitchforks came out too... Some started accusing of "the whales" trying to keep the poor, poor.

Its not that I can't see the counter arguments, but a speculative SBD is not a long term play and that's enough reason to consider it.

If you dont anchor it theres no way speculation wont affect it.
Everything aside, SMTs...
When ever anyone discusses anything steem related my response is always in the end...
"SMTs?"😇

lol you are too funny !