Right now people are selling their steem. If they stop then it will be very hard to buy steem with sbd earnings. If sbd falls to $1 and steem doesn't drop that could also be a problem. I am bullish on this platform though. Nice video.
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Not following what you’re saying? Confused a little as to what you just said.
Yeah I did say a lot there in one paragraph. lol I think the key point though is sbd has high inflation. Our earnings are mainly in sbd so if sbd goes down to $1 that could hurt the value of steem as well. Hard to say what the future holds but I can definitely see sbd becoming the new global currency.
Right now people are powering down. If that ever mostly stops steem could be tough to get.
Why are people powering down recently?
I think the main steemit account was powering down. I think they decided to stop now so the ratio might get closer to 1-1 again. :(