I'm not sure why they wouldn't do that because they will lose money if they don't. The alternative is to sell your SBD for 20% less in the free market!
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I'm not sure why they wouldn't do that because they will lose money if they don't. The alternative is to sell your SBD for 20% less in the free market!
I thought maybe most people will panic and start selling and many would just buy it cheaply off the market.
There's nothing to panic when SBD drops below 1 USD because it should quickly recover since there are alternative ways of converting it to STEEM at the 1 USD rate such as the 100% Power Up option for new SBDs and the internal CONVERT option for existing SBDs which takes 3.5 days.