You are viewing a single comment's thread from:
RE: As Steem Dollars (SBD) Drop Towards the $1.00 "Peg" — Will They STOP There?
The SBD price went off the reservation due to outside manipulation.
Why would that effect the price of SBD below $1.00?
none that I can see..so I image it will stop falling once it reaches $1.00.
Another question is what will happen to the price of steem?
If I recall at one time it was $0.08 and SBD was $1.00
Yeah, I remember $0.07 and $0.08 Steem. I remember on a really good post you could pick up almost 100 SP, and pretty much all the remainder of the reward was paid out as Steem, not SBD.
Maybe that's what will happen, if things keep heading south. We'll get more and more Steem, fewer SBD.