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RE: Steem experiment: Burn post #133
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Steem experiment: Burn post #133
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Muy bien
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Just wondering, wouldn't selling SBD into Steem to get SBD back to the $1 peg reduce ROI for investors, thus reduce the price of Steem?
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Has this been successful thus far?Place holder. (This is helping SBD correction, which is good for Steem).
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I wrote a recent comment about that but I can't find it. We've sold a lot of SBD and bought about $100K worth of STEEM (it is worth less now since the STEEM price has dropped). The SBD price is well below $2 and nearing $1 for the first time in months. Can we take all the credit for that? Certainly not, but it probably does make some difference. And we have certainly helped fighting spam with delegations to spaminator, mack-bot and broombot.
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