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RE: Increasing block size, thoughts on SBD/STEEM, farewell Steemit.chat
The aspect of low bandwidth really been an issue these past few weeks thinking of ways I could help out new users whom I introduced into steemit and finding it difficult to bypass this issue, the only possible way out is to delegate seempower to them untill they are able to bypass this issue or setup a tutorial on how to maximize and limit your bandwidth usage so has not to get low bandwidth issue consequently.
From the above, it seems your explanation says, sbd will continue its downward trend to the initial 1usd, what of a scenario where btc and other alts coin start increasing wont this still affect the price of sbd?
It will continue it's downward trend, assuming that the crypto mafia doesn't turn it into a pump and dump coin. That's a big if, of course, and it may well be that they decide to pump it once again. This has happened two or three times throughout history. However, pumps-and-dumps are temporary, and once the mafia has made their money off ignorant traders, in the long term it'll always tend towards USD 1. Unless a hardfork changes how SBDs are printed, of course.
Thanks for the respond and the above information really appreciate it, now have a clear version of it, the first pump I think was back in 2016 from the chart I saw, it climbed to 22usd instantly but didn't stay for 1min before falling down and I assume the second will be what we experienced late last year