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RE: Invest in SBD or Sell for Steem?

in #sbd6 years ago

Well I'm OK with SBD going as high as it can, better for users, but you are right it won't go up to $80.00, in fact I wouldn't be surprised if it goes back down to $1.00, there are people who are pushing for that, what they benfit from a fall in SBD price I don't know, seems they just want it at $1.00 because that's how it was designed to be and they don't want to deviate from the original intentions of the creators of SBD.

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They want a stable currency that will bring more merchants to the platform. Merchants need a token that remains pegged to the dollar with little or no deviation. It seems that Steem and SBDs are pegged together though for now. Some witnesses have adjusted their price feed bias to lower the price of SBDs down to a dollar.

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