It's been more than a week since SBD keep sinking. Everyone's wondrin' if it will rise again.
Well, that's a big question to me too. Lets just wait and see. :)
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Hello @zoeroces. I had the same sentiments about waiting for SBD to rise before either cashing out or converting to Steem. However, in one of my posts where I discussed the effect of a higher Steem value than SBD value on our Rewards, I received one comment from a @bycoleman and this made my decision to immediately convert my SBD to Steem. I am copy pasting his reply to me:
The link to my post is here. I visited the links that @bycoleman provided and indeed there is this issue of bringing SBD down to 1USD. So in the meantime that this issue is not resolved, I immediately converted my SBD's to Steem but didn't power up yet as I intend to cash out for a major expense by next month and I didn't want my holdings tied up to SP which takes 13 weeks to convert back to Steem.
I hope this can help all of you regarding your concerns on SBD's.
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Thanks for the mention Gems
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Nice post and great insights -- Steem is set to explode once the downtrend in BTC stabilizes.
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Ty. :)
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I really hope it would rise again :(
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Think positive that it will rise up.
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I always will, paps. :)
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make it rise hoooo
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can i convert my steem to steem dollars or should i wait first for the value to increase?
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Its better if sbd have bigger value that steem. You can buy mire steem from it :)
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You better hold your SBD for now it's down wait till the middle of the month it might rise up again.
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We'll wait sis.
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Yeeees just wait for it ate pau ^_^
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Keep holding on lol hehehe
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Haha! True!
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SBD, pls rise now! :)
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by ainaprincesa from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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