There is actually an effort by Steem witnesses to get the SBD pegged to the dollar. This means that what you're saying about a bottom of $1 is true, but the upside is potentially also 0% since the witnesses will keep the SBD at $1.
There is actually an effort by Steem witnesses to get the SBD pegged to the dollar. This means that what you're saying about a bottom of $1 is true, but the upside is potentially also 0% since the witnesses will keep the SBD at $1.
Yes they are "trying". They don't control the exchanges, which means even if they peg it on the steemit website by allowing to exchange it for 1$ worth of steem, the speculators on the exchanges might not give a f*ck, like they didn't when the first value explosion happened.
Of course there is no guarantee that it will be like that. But I am willing to take the risk.
I am hoping ew can address this. It would suck to buy it and then have them keep it at $1
Thank you 🙏