Wow! I can't believe that it happened so quickly. Only few days ago we were still at $0.70-0.80.
This is a big deal for us, it means that enough people believe in this platform to hold a stake in it, and it means that people could cash out their earnings anytime they want without incuring a loss. But why would they even cash out? The price is stable now, so it would make more sense to convert into Steem Power to increase your earnings in the future.
How much higher can we go? It's not unthinkable that your Steem Dollars would be worth much more than a dollar once Steemit gains even more traction. We know that there is the pegging mechanism (convert SBD to STEEM) for ensuring that a Steem Dollar gets you at least ~ 1$ worth of STEEM, but there's nothing limiting the price on the upside is there?
Credit to @mauricemikkers for the steemdollar.com price ticker!
this is great :)
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Wasn't it just at $1.20 a couple days ago? Either way, I'm not worried about the price fluctuations as I'm here for the long term value.
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Same here! I've cashed out only a small amount of my Steem dollars to try and make some money trading it back and forth. Not touching the rest of my stash or my Steem Power. Imagine if Steem is listed on Poloniex, the price could easily increase tenfold.
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So the 10 Steem i got for fee is $10 real dollers. Thanks @dan and @ned
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Steem != Steem Dollar. 10 Steem would be roughly 3.2 dollars.
Still, it's free money. :)
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not exactly. steem dollar at $1 real dollar just means that. 1 Steem is still around 0.32
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But I can't reach the site!
There is still a problem....
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me too :(
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He has moved it here: http://www.steemdollar.com
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