haha, nice meme and you are right with your observation but i think SBD is just an internal currency and witness won't want it to grow as it is peg with us dollar but on the other hand steem is the main currency with lot of open space ahead, i think right now we need to convert sbd to steem and then hold steem and we surely see great results in future.
haha, nice meme and you are right with your observation but SBD peg only holds it up it doesn't push it down. Witnesses who choose to make that decision will have to answer to the content creators and other investors who would rather let the free market set the price.
@whatsup,
I hate they started crazy with SBD! They don't understand if SBD needs to peg to $1, this market needs atleast 20 billion SBD! Otherwise it might be another Tether fun :D
I know exactly what you mean. I see a lot of the witnesses adding more SBD to the market and attempting to stabilize and lower the price.......
Most of us really just the SBD price to go up though you know. I'd love to see $100 SBD so that a single payment everyday could just pay my rent you know?
Oh course I want to grow my investment.
SBD peg only holds it up it doesn't push it down. Witnesses who choose to make that decision will have to answer to the content creators and other investors who would rather let the free market set the price.
SBD is built into our blockchain. At some point there will have to be a decision on what it is. Witnesses can not act as a peg. So at this point it nothing more than price manipulation.
@whatsup I just made a look into Sbd Circulating Supply hh x 2 , was 4 000 000 is growing fast ^_^ , When SBD is at higher Price lot Of People Try To make More Posts For More Profit , They Don't focus at Quality content
haha, nice meme and you are right with your observation but i think SBD is just an internal currency and witness won't want it to grow as it is peg with us dollar but on the other hand steem is the main currency with lot of open space ahead, i think right now we need to convert sbd to steem and then hold steem and we surely see great results in future.
yeah absolutely right
Ha ha ha ha right friend
Ich sehe auchj in Steem das Potential. SBD zur Stabilisierung.
haha, nice meme and you are right with your observation but SBD peg only holds it up it doesn't push it down. Witnesses who choose to make that decision will have to answer to the content creators and other investors who would rather let the free market set the price.
This is funny!
@whatsup,
I hate they started crazy with SBD! They don't understand if SBD needs to peg to $1, this market needs atleast 20 billion SBD! Otherwise it might be another Tether fun :D
Cheers~
Lol My thought exactly
Go on, go on, earn it baby. I know you want too. Just a little to the left.
I know exactly what you mean. I see a lot of the witnesses adding more SBD to the market and attempting to stabilize and lower the price.......
Most of us really just the SBD price to go up though you know. I'd love to see $100 SBD so that a single payment everyday could just pay my rent you know?
That would be insanely cool, a life where you can live on steemit xD
to hell with sbd do you wanna grow your investment or not?
I don't get sbd. It's pointless! STEEM can be converted to fiat via common gateways like ethereum and bitcoin...
Oh course I want to grow my investment.
SBD peg only holds it up it doesn't push it down. Witnesses who choose to make that decision will have to answer to the content creators and other investors who would rather let the free market set the price.
SBD is built into our blockchain. At some point there will have to be a decision on what it is. Witnesses can not act as a peg. So at this point it nothing more than price manipulation.
As we get paid in SBD for posts, it is definitely market manipulation on a grand scale.
This is especially true if you are trading on the internal market.
It's bad enough for us minnows when the bw drops and the market price suddenly fluctuates upward while trying to get more STM for ones SBD.Hehehee
Headache due to SBD decline, but I am sure SBD will climb back,
Great view @whatsup ..
I'm sure dmania will see you ..
@whatsup I just made a look into Sbd Circulating Supply hh x 2 , was 4 000 000 is growing fast ^_^ , When SBD is at higher Price lot Of People Try To make More Posts For More Profit , They Don't focus at Quality content
If the market supports the price, it is up to votes and flags to regulate low level content.