any reason why SBD is not maintaining the Dollar peg?

in steem •  8 years ago 

I see on Polo and Bittrex price is $ 0.83 and still on a downtrend.
#steem #steemdollars #SBD

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

If you see SBD under $1 then you should take that arbitrage opportunity in your favor. Buy SBD on Polo and Bittrex then use it to buy STEEM and sell STEEM for USD.

https://steemit.com/investments/@argsolver/the-steem-market-on-bitshares

thank you
I bought some at 0.00130 , then got a shock seeing it dumped even lower .
I guess many authors who got payouts are dumping without even paying attention to the price.

Whi downvote my post @simoneighties?

Thank you!