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RE: What to do with the SBD Pump? A Technical Chart Analysis

in #steem • 7 years ago

i always thought that steem dollars was pegged to the USD because they are mechanisms put in place to ensure that the price remain fixed. but it seems that the price can be controlled by demand and supply just like any other crypto

7 years ago in #steem by
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     7 years ago 

    It's hard to keep it pegged to the USD in an open market where offer and demand rule.

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