I think you are on the right track here Lydon. As far as the SBD peg is concerned correct me if I am wrong but parity with $1 for steem/sbd was that it will not be allowed to fall below $1 within a few cents That is what made it a such good investment. You could not lose your initial capital.
There was no mention in the white paper about upper price positions as far as I recall?
The market would decide and it is doing just that.
We all know that steem is way undervalued. Good projection @lydon.sipe
Great point @molometer. The original intent of keeping the SBD price within a few cents of $1 worked well. The white paper does not say anything about prices over $1, and the market has responded to the limited supply. We’ll have to wait and see what the market and the community decide for the future.
Well in view of the limited supply of SBD we have an interesting few months ahead :) The community must decide of course but hopefully we will have an equal say as the whales. Not holding my breath but why wouldn't they encourage growth? Tip!
Yes, I am hearing that a lot. Probably be a few more months till it happens.
I think you are on the right track here Lydon. As far as the SBD peg is concerned correct me if I am wrong but parity with $1 for steem/sbd was that it will not be allowed to fall below $1 within a few cents That is what made it a such good investment. You could not lose your initial capital.
There was no mention in the white paper about upper price positions as far as I recall?
The market would decide and it is doing just that.
We all know that steem is way undervalued. Good projection @lydon.sipe
Great point @molometer. The original intent of keeping the SBD price within a few cents of $1 worked well. The white paper does not say anything about prices over $1, and the market has responded to the limited supply. We’ll have to wait and see what the market and the community decide for the future.
Well in view of the limited supply of SBD we have an interesting few months ahead :) The community must decide of course but hopefully we will have an equal say as the whales. Not holding my breath but why wouldn't they encourage growth? Tip!
Hi @lydon.sipe! You have received 0.1 SBD tip from @molometer!
@molometer wrote lately about: Youtube Has Lost The Plot: A Hot Air Balloon Flight Over Countryside. Feel free to follow @molometer if you like it :)
Tipuvote! - upvote any post with with 2.5 x profit :)
Sorry about the advert @lydon.sipe but my vote power is lowish and I wanted to reward your comment somehow.