RE: Why SBD Should be Dropped from Steemit Platform

You are viewing a single comment's thread from:

Why SBD Should be Dropped from Steemit Platform

in utopian-io •  7 years ago 

May be you are right! But dont you think that ways will be devised to exploit steem & SP?

utopian-io
7 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
$0.05
  • Past Payouts $0.05
  • - Author $0.04
  • - Curators $0.01
1 vote
1
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
    • [-]
      ·  7 years ago 

    Absolutely not. Steem is not meant to be pegged to 1 USD. Infact when SMTs are launched, Steem market cap will rise manifold, it will create demand for steem and will drive the price higher. That will be a stable growth. SBD on the other hand is meant to remain around 1 USD and pumping and dumping of SBD on a massive scale is causing steem to become volatile.. and once this pump and dump of sbd is over, and it comes back to 1$ value, steem will go down with it too. And it will hurt the platform..

    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