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RE: Steem Backed Dollars are Below $1 Again - It Now Makes Sense to Do 100% Power Up Posts and SBD to STEEM Conversions

in #steem7 years ago

If it goes too far below then witnesses will probably put the APR interest rate back up as an incentive to buy and people will start converting it to steem and sell that. So yeah it shouldn't go too far below for an extended amount of time.

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