RE: Steem Price Has Drop Down

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Steem Price Has Drop Down

in steem •  7 years ago 

One thing I dont get, if the price of steem is loosely pegged to the USD, and if the USD collapses, what does that mean for the value of steem $ ? Bitcoin is made so it's completely independant from USD, if anything it would soar in the event of a world financial collapse.

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7 years ago by

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      ·  7 years ago 

    1 steem is $1.19 and the price keeps on changing depending on demand and supply of market.

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