He states that SBD can't fall below 1 Dollar and its no upper limit if there is demand. In my opinion SBD price is only that high because there was a pump of a small market. But my logic says me that 500% inflation will have its effect.
Thanks for the correction you bring to my understanding there by stating that it has no upper limit and can't fall below the USD $1.00... Even more interesting in regards to what has just been posted as an analysis of the SBD pump and its effect on the whole Steemit ecosystem!
Here's a link to my thoughts on it and the whole article, very well written with great concerns for us all here on Steemit.com:
He states that SBD can't fall below 1 Dollar and its no upper limit if there is demand. In my opinion SBD price is only that high because there was a pump of a small market. But my logic says me that 500% inflation will have its effect.
Thanks for the correction you bring to my understanding there by stating that it has no upper limit and can't fall below the USD $1.00... Even more interesting in regards to what has just been posted as an analysis of the SBD pump and its effect on the whole Steemit ecosystem!
Here's a link to my thoughts on it and the whole article, very well written with great concerns for us all here on Steemit.com:
https://steemit.com/steem/@eroche/sbd-what-s-going-on#@eric-boucher/re-eroche-sbd-what-s-going-on-20171229t170554809z
Namaste :)
Here is how the regulation mechanism works as it is for me. https://steemit.com/steem/@sevenseals/why-the-steem-dollar-sbd-will-fall-back-to-1-us-dollar-the-self-regulation-of-the-sbd
Maybe you have seen it already in another comment from me.