You are viewing a single comment's thread from:
RE: As I Predicted, Steem Has Shown HUGE Support At The Rough $5 Range!
@biddle... double my Steem? man... I got 1.000% of profit since I bought almost 100 sbd that I change to steem and then to SP. I never regret that!
What do you think about the SBD back to $1.00, since that is the main value of the coin when it was created? I don't think that could drop back again to $1.00, even know that Steem is getting more and more attention.
Yeah, I'm not quite sure regarding SBD, but I can't imagine it will go much lower than Steem itself, since you generate more SBD with more Steem Power, which locks them to some sort of relationship (I think it's early to say exactly what relationship that is, but it is there). I can imagine a pairing of the two, where 1 Steem and 1 Steem Dollar are the same price, but it definitely could be something different. The fact that it trades on Bittrex could also make it so that SBD goes HUGE at any given time if a whale decides to go on a buying spree. :)