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RE: STEEM and SBD rocketing together? It's Impossible.

in #steem7 years ago

Another consideration.

There are a lot more pieces of Steem on the market than there are of Steem Dollars. Suppose that you're right and if SBD is considerably higher than its Steem-value, then it'd go down due to increased supply that will outpace demand - but one of the questions is not what will happen eventually, but how long it'd take, and the wildly varying amounts of Steem versus SBD might also play a factor in making this potentially a very long and gradual process.

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True, but the main point is that the process is faster the higher the steem price.

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