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RE: Trading between SBD and STEEM
See that's the thing. SBD does not have $1 value. Right now, it's around $2.25 USD, but Steem is worth $2.09.
Now, Steem and SBD fluctuate in value. Say, tomorrow, Steem recovers more quickly than SBD and goes to $3 while SBD gets to $2.80. I can now buy SBD with my Steem for a profit. Then I just wait for SBD to leap-frog Steem and trade back again. You see what I'm getting at?
What make the expirement worth wile is that you are not loosing anything on fees.
Very interested in the results!
but maybe - you have sold your STEEM to buy SBD and SBD goes back to the ‚theoretically‘ 1 US$ (and could stay about 1$) and STEEM rises further.
But the idea is nice... 🤗
@peekbit