It finally happened as some have predicted.
At the point of this post:
Steem price : $4.41
Steem dollar price: $4.29
Difference of $0.12
Steem price is higher than steem dollar now.
Will the gap gets greater?
There is a possibility.
What causes this to happen?
Could be due to many of us investing in steem to power up since it is cheaper to do so now.
How does it affect us?
It does affect our author reward where most of us are using SBD earned to power up but now can power up lesser when buying steem using SBD earned.
No matter what happens, steem and steem dollars are both going up at the moment of this post! Cryptocurrencies are also recovery. This is great news for everyone!
I love the dips... Gives newbies like me a chance to play catch up and load up on some new coins. Steel being one of them!
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The way the fluctuations in the cryptoworld has calmed down a little bit. I think SBD and steem will go up in the upcoming future.
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Hope to see deeps for positive results
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