RE: [en/kr] There was a big order mistake in STEEM at the Binance. / 바이낸스에서 STEEM의 큰 주문실수가 있었던 것 같습니다.
Great. I generally agree.
The above issues (whether a dump or an order mistake, or whatever) do not matter. However, I have accepted that this is not a good signal since the Bithumb-led STEEM upturn has recently declined.
As you say, the STEEM ecosystem is somewhat unstable due to SBD Debt Ratio problems.
I have been analyzing SBD Debt Ratio and bidbot related issues from time to time.
The SBD Debt Ratio has its own limitations, such as the upper limit for short-term prescriptions.
But in the end, it seems that STEEM's fundamentals need to be improved to solve them.
Rewards pools are so distorted because of the numerous bidbots, voting circles, and so on.
In this situation, STEEM is difficult to rise.
STEEM would be just like any PoS coin if there is no innovative action to fundamentally control the rewards pool as a joint well and abuse of reward pools.
SBD demand creation must be done outside the bidbot.
Thank you for your good feedback.
Steem can only sustain a high price with SBD trading much higher than a dollar and its debt ratio kept within the 3-5% range, this would encourage more hodling of SBD further lifting the price which can then be used on the internal exchange to soak up the excess Steem supply and thereby positive impact the external exchange via declining supply but those trading on the internal exchange must take some temporary pain...
This is the only way I really see Steem sustaining any sort of rally
곰돌이가 @lostmine27님의 소중한 댓글에 $0.014을 보팅해서 $0.009을 살려드리고 가요. 곰돌이가 지금까지 총 2821번 $34.476을 보팅해서 $35.090을 구했습니다. @gomdory 곰도뤼~