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RE: SBD price warning! SBD worth only 0.91 $ !!

in #sbd • 7 years ago

Well sure, you don't have to worry about it. The reason why SBD "magically" is worth one dollar is because witnesses take action to insure that it stays within the desired range. We can't just sit back and do nothing.

7 years ago in #sbd by
$0.15
  • Past Payouts $0.15, 0.00 TRX
  • - Author $0.13, 0.00 TRX
  • - Curators $0.01, 0.00 TRX
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     7 years ago 

    Why are they doing it? I can't understand. Can you please explain if you don't mind?

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       7 years ago 

      Why do they keep SBD (Steem Based Dollar) close to one USD? That's part of our job. The Steem Based Dollar is supposed to be worth one USD.

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      • Past Payouts $0.23, 0.00 TRX
      • - Author $0.18, 0.00 TRX
      • - Curators $0.04, 0.00 TRX
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       7 years ago 

      Well that explains it. Thank you. :)

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         7 years ago 

        And that comment right there is what just got you my witness vote @neoxian.

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