You are viewing a single comment's thread from:

RE: Thoughts on a Proposal to Buy and Burn STEEM using the DAO

in #steem2 months ago

There may be "sweet spots" where printing SBDs causes STEEM prices to rise enough that the virtual supply goes down, even though sbd supply goes up. But, I have no idea how to predict where they are, if that's even possible.

Sort:  

Yes, if the price rises above the printing threshold, things can look very different. The mechanisms in this situation are not quite clear to me either... but who really understands the market :-)

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.030
BTC 65792.35
ETH 2676.19
USDT 1.00
SBD 2.90