You are viewing a single comment's thread from:

RE: Quick note on burnpost

in #steem5 years ago

Thanks for the answer.

I will think about this :)

I don't really agree with this. Bitcoin has dropped 90%, even 95%, and didn't fail. ETH dropped over 90% (almost 95%?) from December 2017 to December 2018 and that wasn't considered failing; it was just a price drop. It is just the nature of highly volatile crypto assets that big drops are possible (as are big increases). It's not desired to see that kind of drop but is almost expected, and it has to be considered in analyzing something like DAI.

I dont say ETH would fail. I think if the ETH price would drop in a short time it can be really dangerous for DAI.

Im happy you know what you talking about and im sure in the future, if many people think about, we will find a really good solution for SBD :)

Btw, i would support Steem donation to DAO.

Sort:  

Thank you for the discussion.

thank you too :)

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58148.81
ETH 2345.69
USDT 1.00
SBD 2.35