SBD value Shoot high upto 4$ and and meanwhile steem value slightly moving toward 2$ Steem holders are not happy from this sudden price shoot Because of some reasons SBD and Steem price should be stable for convertions Now imagine if a person holding 100000 steem power and want to buy SBD by selling Steem He will not defenately will not do it because in many factors we need SBD specially to buy upvote, to pay some whales , According to some experts Recently @ned scott The CEO of steemit has launched SMT token and start selling SMT token which is directly involved and surprisingly culprit behind this price shoot.
Now We have to wait for some days to SBD price come back and stable again if This is not happen minnows will be so worried and frustration about the situation for example if some one buy SBD at the stage and SBD move back to normal again it will be huge loss for that poor Guy .
SMT token is like steemit token which was a decision taken by Steem witness to draw back the price of steemit to its normal value and IT may help Steem coin to move toward 2$ and lets see what happen now but 1 Thing alter in the mind Steem price little bit move back but unfortunately SBD value goes too high lets see what happen in near future.
What is a minnow, I've seen this phrase dozen of times?
edit: Never mind, I googled it... I'm a minnow actually :)))
It depends on the vested shares a user holds or in other terms the Steem Power. With 5000SP you become a Dolphin. The minnow term is very popular here.
Very unpredictable. What happening here
Lol, $1.53 per steem dollar. Time to power up!
This post has received a 0.79 % upvote from @buildawhale thanks to: @lays. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
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Nice post @thepioneer
This minnow is liking all the moves. We all want the community to win! Except that one dude.
Its Time to power up
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