You are viewing a single comment's thread from:
RE: Why Is SBD Getting Dumped Like This?
Conversion is not working now because the Debt Ratio is at 10% now. It just checked SteemWorld and it gets its value from Coincap and SBD is now at 69 cents. What's limiting its fall is that when the debt ratio goes below 10%, it becomes possible to convert it into STEEM again at 1 USD per SBD.
Yea Ik
Ive done convertion a year ago and a few months ago when it still was possible.
Didnt get as much as just by trading the interal market.
That's why I said here that convertion doesnt work too good.
Posted using Partiko Android