RE: Is 5 SP equal to 5 STEEM?

You are viewing a single comment's thread from:

Is 5 SP equal to 5 STEEM?

in steemit •  8 years ago 

Thats correct, however there is nothing set up to actually keep SBD equal to $1 USD so it can fluctuate, for example recently $1 SBD was worth $2 USD.

steemit
8 years ago by

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

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2
    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:  
  • Trending
    • [-]
      ·  8 years ago 

    So theoretically is there any reason why STEEM couldn't be $50 and SBD could be $100 ?

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

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  8 years ago 

      At the moment there is no reason why they couldn't be, what matters is the value people give to them.

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

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00