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RE: STEEM DOLLAR (SBD) is SURGING!! COULD SBD BE A LEADING INDICATOR FOR STEEM? Check out these charts!!!
I thought that Steem Dollars were supposed to be pegged to the U.S. Dollar? (Quite confusing)
I thought that Steem Dollars were supposed to be pegged to the U.S. Dollar? (Quite confusing)
Well, they’re supposed to be but apparently there’s too much demand for SBD! (or something is not right with their rebalancing algorithm?). But if you think SBD will go back to 1$, than it’s not a bad idea to use them now to buy STEEM.
If sbd is at $3 use them to buy steem power!
Amazing right!