The value of Steem Dollars
for today is $1.90935598 .
It has a current circulating supply of 1.42 Million coins and a total
volume exchanged of $254,959.6 . Market Cap $2,718,441.8
The volume in the last 24 hours is 10% of the market cap.. Nothings changed - people are just paying more for a $1 smart contract - I guess you would call it"trading at a premium". Look at the graph below for a 3 month view - the price is green the price of bitcoin is orange - you can see a relationship between the two.. the SBD got bought up probably because everyone is using the same trading software (and not doing their due dilligence) ;)
Can someone explain how SD can be worth ~2x more than it 'should'?
The volume in the last 24 hours is 10% of the market cap.. Nothings changed - people are just paying more for a $1 smart contract - I guess you would call it"trading at a premium". Look at the graph below for a 3 month view - the price is green the price of bitcoin is orange - you can see a relationship between the two.. the SBD got bought up probably because everyone is using the same trading software (and not doing their due dilligence) ;)
Lets get this money :]
SBD UP
In deed :)
Awesome news for the Steemit Family. I am sure it will move up more this month.
We can always hope :)
Hope is the right word.
Looks like they must forget about pegging it at $1.00 perhaps they can peg it at $2.00
lol
I think we need to forget about the peg and let the free market decide. :)
I agree