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RE: Should I power up to 5000 Steem Power & leave the minnow world?

in #steemit7 years ago

I am holding out for SBD to go up. There is still a limited supply of SBD and the community is growing. The reason the price of Steem temporarily went higher than SBD was that Steem was listed on Binance and SBD wasn’t. This opened Steem up to the overseas investors and improved Steem price. The problem is that SBD wasn’t listed along with Steem. If Steemit community could influence Binance to list SBD, then I believe SBD price can return to a higher value.
David, with your influence, you should be able to get Steemit community to support.
https://steemit.com/bitcoin/@socky/75rgw8-campaign-to-get-sbd-listed-on-binance

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By the way you may have noticed that the SBD has been inching higher than Steem. I believe that SBD should be worth 40% more than Steem at the moment which is why it is climbing in relation to Steem. When listed on Binance, the price of SBD can jump 80%-90% in the first hour and settle out around 25% to 60%. Compared to a current price of SBD of $4.70, the post listing price should settle around $5.88 to $7.52.

If you are interested in converting SBD to Steem, then getting SBD listed on Binance will get you the highest amount of Steem because the listing will produce the greatest spread in the price.