You are viewing a single comment's thread from:

RE: Unpegged SBD: A Pointless Speculative Asset

in #sbd7 years ago

Two months its too little time for the market to adjust only based on supply.
Besides, the demand for steem coins increased a lot more than (exponetially) than the supply (linear)

Not exactly exponentialy/linear, but the demand became bigger than the supply. Eventually, If the demand doesnt increase, eventually here Will be more SBD on the market than the people on the market Will be able to absorb.

But to force this downward price for a sudden change might be more damaging, bringing the price a lot lower than 1 dollar.

Coin Marketplace

STEEM 0.20
TRX 0.26
JST 0.039
BTC 100693.54
ETH 3647.21
USDT 1.00
SBD 3.13