You are viewing a single comment's thread from:
RE: STEEM vs SBD....DO NOT UnderEstimate SBD!!!
Who cares if it is just a debt-based smart contract or whatever? If it helps to move the price up for STEEM then let it be! 🚀
Who cares if it is just a debt-based smart contract or whatever? If it helps to move the price up for STEEM then let it be! 🚀
if the price is appreciating due to misinformation then it will not be sustainable. The market will always figure out the best, most available information. Although Steem should be worth at least 20 dollars at this point relative to the market based on its utility, a 33 dollar steem dollar is not a sustainable fundamental. Cryptocurrency's value are derived entirely from its utility; the store of value argument is a retroactive analysis for particular blockchains that have failed to provide a use case/utility(e.g. payment solutions that are congested, expensive,and not scalable at least at the moment.