RE: Unpegged SBD: A Pointless Speculative Asset

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Unpegged SBD: A Pointless Speculative Asset

in sbd •  7 years ago 

To be fair, all the whales and dolphins have attempted to crash the price but they cannot cash out fast enough versus the Market buying. We will see a bear market soon enough, then SBD will be under one dollar again.

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As long as the people produce content on the Steem blockchain, the lower limit of the SBD should stay around $1 due to SBD production being dependent on Steem price.