You are viewing a single comment's thread from:
RE: One Bit News - Your STEEM Magazine - Issue 13
There sure have been a lot of newsworthy events for this great magazine to write about, we really do live in interesting times! I'm okay with the price of steem pulling back, I would like more time to gather steem power while the price is still low.
I'm still amazed that sbd's are still really close to the price of steem, I thought it would've corrected back down to a dollar by now.
Hi @Tbnfl4sun
Yes, in the last few weeks there has been a lot of events happening around the kryptomarket. So we thought it was time to write a article series about it. We in OBN belive that we will see STEEM rise during 2018, but it will go up and down, but in the end of the year it will be much higher than the start. So we are going to hodl all our STEEM for a while.
Regarding the SBD I am glad it stays around the STEEM, in that way we who write and create good content will get some "extra" benefit when we by STEEM for SBD :)
Mvh
@Gyldenhorn
for
@Onebitnews
Yes @tbnfl4sun me too when I saw this last drop of the SBD I thought the sbd will return to its previous price 1 USD, but I think in the next days the price of the Steem will be bigger than SBD.
Best Regards @Redouanemez
Hi, @redouanemez.
I don't think we will ever see SBD at $1 ever again, unless the witnesses votes to push a hardfork that changes how the currency is pegged.
I believe this because seeing as SBD has had a surge in price, it suddenly became extremely attractive to buy and hodl. Imagine if it falls to $1.10; at this point the max you can loose on the investment is 10 %, but on the other hand, it has a change to surge up to $12+ again, so it's low risk, and potentially very high reward. For this reason I think people will buy and hodl even at $2-3 levels, which is why I believe that it won't fall below that.
Of course this is just my own opinion, based on observations made by myself and a few bloggers who writes about buying cryptos :)
Best regards from @valth