And in the future there will be much more people and investors join steemit that will also increase the value of the platform, but also of steem and SBD
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And in the future there will be much more people and investors join steemit that will also increase the value of the platform, but also of steem and SBD
Agreed, and I trust that it will go that route, hence the reason I have invested in this platform. It is really a great platform if we could just sort out some kinks here and there.
Also, be wise when dealing here. I always kept SBD available and I don't do that anymore because of the current high inflation rate on the coin. I never knew this till I peeked at the graph on CMC.
I am still not sure what to do with my SBD right now. Normally I trade them into STEEM but right now the ratio is pretty low. A few weeks ago it was much better. I hope it will rise again so I can buy some more STEEM with my SBD
The answer is really not simple, I feel your pain.
Like @vimukthi explain in the comments above. There is not a lot of SBD coins in circulation and a small influx into the Steemit ecosystem can lead to a considerable increase in the value of SBD and also have good potential for profit.
It is however a decision you have to make because you are gambling on the possibility of the Steemit platform drawing more attention (increasing the demand for SBD) whilst your SBDs are devaluing at a very high rate.