You are viewing a single comment's thread from:

RE: SBD Trading Consistently Around $2, With More Than 75% Volume On Bittrex

in #steemit7 years ago (edited)

No, I'm not talking about laundering the stolen money. I'm talking about if you knew that Tether was a scam and about to fall, and you needed a stable-coin to put your money in that is not Tether, then SBD is one of the only/few other options.

Maybe the demand for a trustworthy stable-coin is so high that the coin in fact breaks out of it's stable price?

Sort:  

Oh, got it now. That may be a possibility. There are few other pegged coins in the Bitshares ecosystem as well. I didn't look at them, but BTS grew 2.5 times in the last 3 weeks.