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RE: SBD price peg to USD is broken and what can be done to fix it
Maybe. Still supply of SBD is too inflexible and can not react quick enough to jumps in demand, breaking USD parity.
Maybe. Still supply of SBD is too inflexible and can not react quick enough to jumps in demand, breaking USD parity.
Yes, but are market movements that are gradually reabsorbed. See this chart:
Is the same of my post
https://steemit.com/steem/@miti/steem-dollars-at-usd3-20-impact-on-steemit-community
Compare that chart to this one, showing BitUSD price over the last year. BitUSD keeps USD peg much better.
You got a point there, @slavix