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RE: Quick note on burnpost

in #steem5 years ago

I am happy that the goal was reached for putting SBD to 1 dollar again but was the burning of steem was the cause because there are still a lot of steem token out there relative to the burned steems? @smooth
I do think that the BTC price movement was the cause.

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Who can say what makes markets do what they do? Ask 3 people, or even 3 experts, and you are sure to get at least 3 different answers.

All I know is that there would have been a whole lot more STEEM being sold otherwise, which can't be good.

Spot on sir.

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