RE: SBD update 17.12.17

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SBD update 17.12.17

in sbd •  7 years ago 

why is sbd going higher than steem?
I dont understand, wasnt sbd supposed to stay around $1?
I should have insted invested on sbd, it would had been 10X already now,
ughhhh.. invested all on steem.

sbd
7 years ago by

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      ·  7 years ago 

    It is going higher because the peg to 1$ is gone. USDT just increases the supply fluently, when there is high demand, so it always stays around one $. SBD doesen't because it is created via content and not destroyed when there is low demand (like USDT). It is just another pump and dump coin now with a rediculously low supply, which makes it an extremely undervalued coin.
    Don't worry, STEEM will likely follow soon. Not 10x but 2-3x

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      ·  7 years ago 

    I really love your info :)

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