You are viewing a single comment's thread from:

RE: SBD trading at a premium? Let's print some SBD!

in #sbd7 years ago

Right now is a good example. With bitcoin booming, anybody who wants to protect their profits needs a place to put their money that won't lose value -- and SBD is generally supposed to fill that role. However, right now SBD is guaranteed to lose over a third of its value as it drifts back down towards the peg. So now one of the key use-cases for SBD is broken.

Sort:  

Ahhhhh. Got it. Thanks for the explanation!!

Coin Marketplace

STEEM 0.25
TRX 0.20
JST 0.036
BTC 93600.04
ETH 3361.63
USDT 1.00
SBD 3.83