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RE: STEEM at $1.26 trades back above the 10dMA and retains its Long Term Bullish Trend. Year End Target remains $4.70.
That's the idea, right? SBD being pegged to the USD. I heard that there are downsides to a strong SBD. Does anybody know more about this?
Haha, yes you are right. SBD is supposed to always be 1 dollar no matter how the market goes. I'm not sure about the consequenses if SBD doesn't keep it's value of $1.