You are viewing a single comment's thread from:
RE: SBD channel and triangle breakout 19.12.17
Bunch of clowns investing in something that’s pegged to go to $1. Be smart and trade it for steem or power it up.
Bunch of clowns investing in something that’s pegged to go to $1. Be smart and trade it for steem or power it up.
I am ready to find out who is gonna be the clown ;-)
Holders in the long end when it goes to $1 and steem rises. Enjoy the party for now, but it won’t last ;)
I think your wrong. There are only 3 million which is really low. Also SMT will start and people will be crowd funding with SBD. Need to read @ned post from a year ago. SBD is a Trojan horse.
What is your reasoning? Simply that it is pegged? There is no peg anymore obviously. SBD has a basic flaw in the way it is designed, that makes a peg impossible now. I am not gonna talk about what it is of course, because I want it to stay as is.
The peg should be viewed as more of a safety net for the value rather than some bitUSD. I also think SBD would stay 4-5 times higher than STEEM. Unless I think I could time the market (almost impossible) I feel safer keeping my SBD instead of converting to STEEM as you mentioned in your STEEM post.
But I don't keep around pre-conceived strategies. So I might actually end up getting STEEM. Time will tell.
Who says that I'm buying SBD? I'm merely picking the best selling point to cash out my rewards.