You are viewing a single comment's thread from:RE: Where I see the price of STEEM, SBDView the full contextView the direct parentthomasfarley (48)in #steem • 7 years ago and you know how ?
The prices of cryptocurrencies are dictated by people's mentalities. If it says it's pegged to the USD, it will drop to 1 USD. The only thing to prevent that from happening are whales with whatever motive they may have.
I suppose that is a point, the whales have alot of say I guess
On the other hand, many whales are selling out of STEEM so we might see more decentralization soon