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RE: Steem Price is being pushed down by 1 person! Speculation on why and where it may end up

in #steemit8 years ago

Yeah, as I've thought about this more I'm beginning to see that. In fact, those sell walls on the internal market are partially maintaining the dollar peg of SBD. If the sell walls are high enough, then the STEEM price partially becomes an indicator of how many people are trying to get out of SBD.