You are viewing a single comment's thread from:
RE: SBD price warning! SBD worth only 0.91 $ !!
I don't consider it much to worry about, I am much happier with SBD at $0.95 than at $2.00, hopefully we can keep it between $0.90 and $1.10. Would be massive to have a stable currency in the crypto world.
Good job adjusting the interest rate I think we will see sub $1.00 for a week or so with all the people turning off 100% SP to take advantage of the high SBD rate of the last few weeks.
Will follow to keep updated
Well sure, you don't have to worry about it. The reason why SBD "magically" is worth one dollar is because witnesses take action to insure that it stays within the desired range. We can't just sit back and do nothing.
Why are they doing it? I can't understand. Can you please explain if you don't mind?
Why do they keep SBD (Steem Based Dollar) close to one USD? That's part of our job. The Steem Based Dollar is supposed to be worth one USD.
Well that explains it. Thank you. :)
And that comment right there is what just got you my witness vote @neoxian.