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RE: Buying SBD with fiat a good idea?

in #life6 years ago

I don't see the upside potential, to be honest. With Tim Cliff's change to the print rate in HF20, I can't see speculators driving the price of SBD substantially above a dollar again.
Of course, I didn't foresee the intial SBD pump, so I've been wrong before :)

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It will be interesting, with @timcliff's changes SBD indeed will still be printed at 9% market cap of STEEM but that's not now. HF20 is still 6 weeks away (or more) and right now it doesn't seem like a bad buy to put some fiat in.

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