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RE: Does Burning STEEM and SBD Work? How About Onboarding Churches?
Steem is difficult, every pump is greeted with sellers, I think they probably have to do it like old times but folks are against it. Pump SBD and use the internal market price difference to absorb the amount of Steem in circulation, then hodl it to allow the market to settle at base value. SBD lower circulation, so its more easily manipulated. Over 40 million Steem alone sitting on Bittrex, its a hard task when everyone is just looking to sell to the other