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RE: SBD: Will it go to $1?

in #sbd7 years ago

The need for SBD will be greater as Steemit grows so I don't think we'll see a dump unless some drastically changes are made. And like you said, the technical analysis looks great.

I recommended both Steem and SBD a while ago. Showing some gains already:

STEEM & SBD - Update - Analysis (42% and 54% gains) — Steemit https://steemit.com/steem/@benkalashnikov/steem-and-sbd-update-analysis-42-and-54-gains

Screen Shot 2018-01-24 at 23.25.58.png

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The witnesses can push for more SBD which would flood the market, theoretically flooring the value of SBD, no?

Potentially yeah, I'm not too educated on this though. Been focused more on the charts :)

The authors ask for 50/50 posts which creates more sbd. Authors then can apply sell pressure to sbd and steem or speculate

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