RE: STEEM DOLLAR (SBD) is SURGING!! COULD SBD BE A LEADING INDICATOR FOR STEEM? Check out these charts!!!

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STEEM DOLLAR (SBD) is SURGING!! COULD SBD BE A LEADING INDICATOR FOR STEEM? Check out these charts!!!

in bitcoin •  2 years ago 

I thought that Steem Dollars were supposed to be pegged to the U.S. Dollar? (Quite confusing)

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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!