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RE: (SBD) VALUE CHECKER: Real Steem Based Dollar value.
There is essentially free money to be had for anyone who trusts in STeem Dollars to be worth a dollar long term. You buy STEEM on Bitrex and Sell it for Steem Dollars. Over time the market will mature and the spread will lesson. Then you can sell your steem dollars for BTC and pocket a nice 20%+ profit.
The only risk you face is that STEEM collapses to 0 while you hold your Steem Dollars.
Yes, and I'm trusting STEEM for it. I will hold my SBD as long as posable! I really enjoy this community, and thought this would be a nice way to see, if the SBD/USD is doing. Just as easy as we now can do in diffrent exchanges and track STEEM/USD.
"Big" risks big rewards" nice strategy if it works out to get 20%+ profit :)
It doesn't have to go to 0. You also face the risk that it continues to trade but at an even larger discount than what you paid.