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RE: Steem Dollar going through the roof at $3,30. Is it sustainable, and why is it happening? Join the discussion

in #steem • 7 years ago

I've read that there are 136 million or some Steem, and only 2 million SBD. And while Steem increases every year, SBD does not? So with time what is keeping SBD from becoming more valuable than Steem?

7 years ago in #steem by
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     7 years ago 

    But, we get paid in SBD from the Rewards Pool that increases each month. I can't imagine that SBD is destroyed at the exact same rate it is created to pay Rewards.

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       7 years ago 

      Well, it seems that it is worse than those numbers.
      According to https://coinmarketcap.com

      Market CapCirculating SupplyTotal Supply
      Steem Dollar$10,577,745 USD3,545,058 SBD
      Steem$325,171,862 USD246,448,741 STEEM263,422,835 STEEM
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        Coin Marketplace

        STEEM 0.18
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        ETH 3176.28
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