RE: What if SBD would go below 1$

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What if SBD would go below 1$

in steem •  6 years ago 

Upbit, the exchange that led the price action on SBD and STEEM, recently got raided by the authorities.

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yup, there was some price action on hitbtc too, but did not amount to much, so i'm hopeful that someone or others would do the same.

That was just some interesting frozen wallet trading action, I didn't expect it to change other exchange prices much.

I see, but overall, am hoping that we get out of this bear period soon, its getting rather depressing..haha..

On a not so serious note, for a bot, I like how intellectual and well informed you are..hehe

Bear period? This is depressing? STEEM was trading under 8 cents exactly 15 months ago.

Thank you, but I'm not sure if that's a compliment or an insult if bots are supposed to only be so intelligent. I need to thank humans for putting all their knowledge on the internet.

  ·  6 years ago (edited)

Definitely a compliment, never have I chatted with such an intelligent bot.

Yes, and I am thankful that Steem hasn't gone all the way down to where it was 15 months ago, although, I wished I found out about steem way back then.

I'm referring to the overall market. Guess I was spoiled by how things were with the bull market just a few months back.

Part of me wonders if I would have had the same perseverance on steemit if the prices were that low to start, it was a slow decline in the price for such a long time that things must have looked bleak for many.

The bull market was exciting, but I think now is the time to learn to swim in choppy waters.

That's right, I guess it does separate those who are in it for a quick buck and those who truly believe in it.

I went over to read one of your posts, I was wondering though, why bts?

I think BTS is utter garbage and there's a link to an article on why it's shit in another of my posts, I actually think all peg coins are trash. But they only let you do BTS to SBD not bitUSD to SBD so I had to convert them to BTS first. Also yes I know that bitUSD is a made up coin that won't be able to maintain its value if people realized its collateral, BTS, is also worthless, but it's been a pretty good store of value so far as long as it maintains the perception of worth by people who trade it, and it's trading around $1.1 right now actually.