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RE: Do you REALLY understand Bitcoin 51% Attack? Programmer explains.

in #bitcoin7 years ago

Hi Ivanli! :)

I noticed that you still have a lot of Steem Dollars.

You Should be aware of what right now is happening of SBD (mostly on bittrex)

Selection_779.png

SteemDollars are design/construct in a way to keep a peg with USD. But when a lot of Koreans decided to buy every new coin which was added to upbit, then they by mistake(?) pumped SteemDollar as well.

Something similar already happen in the past in June 2017:
Selection_780.png

And afterJune peg was successfully recovered after some time. I cannot tell why, but eventually SBD should return back to exactly $1.

That means, that right now it is a perfect time to sell SBD. For what? You can sell it for BTC/ETH/EOS/whatever, but you can also use internal market to buy some Steem: https://steemit.com/market (internal market is not very deep, so you would need to do that in few steps).

With 1176 SBD you could buy ~7077 STEEM. If you would power-up that, your single vote would be 8 times stronger, and worth more than $1 :)

Coin Marketplace

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