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RE: STEEM DOLLARS "GONE ROGUE":SBD PUMP AND ITS IMPLICATION FOR STEEMIT PLATFORM ?
Flip them for Steem, problem solved XD
Won't it go down as more people get rewarded? Sorry if it is a stupid question, Im pretty much a noob when it comes to this things. Anyway Everything that goes up, must go down. On the other hand people willing to pay $10 right now for a SBD might be a sign it could go much higher. Not a bad idea to hold some.
I think that it is a bad idea to hold some right now...this clearly is a sell time (you of course can be greedier and go for the ATH 35 dollars mark but do you truly think people are gonna be that crazy to buy SBD for 35 dollars?:P)
Yes, they are crazy enough to pay 12, 16, there is really no diference, since the coin is supposed to be worth only around $1.
Unless alot of people join Steemit all at once and start posting and getting rewards, the price won't crash, it is slowly coming down, too slow maybe. So slow it might not return to normal. my two cents on it.