RE: What's Next For Steem-Backed Dollars (SBD)? Probably Up, Or Down...Or Sideways. So Buy! Or Sell...Or Hold?

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What's Next For Steem-Backed Dollars (SBD)? Probably Up, Or Down...Or Sideways. So Buy! Or Sell...Or Hold?

in steem •  7 years ago 

The most plausible explanation appears to be the addition of new Korean demand.

"when its actually pegged to 1$?"

Well, we're seeing now that the SBD "peg" is a very soft one. It's more of a "suggestion" than a true peg. We'll have to wait and see if it returns.

steem
7 years ago by

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      ·  7 years ago 

    Alright, thanks for the explanation :)

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

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