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RE: Could a High Steem Price Actually Be Bad for Us?!
Yeah it’s kind of a mindfuck, but you did a good job explaining it. The high sbd seems much more favorable for the platform as a whole except that it seems to render sbd irrelevant. Ideally we have a higher Steem and random jumps of sbd where more small fish will be able to power up. But there is still a problem of wealth distribution because the big fish can also power up consolidating even more power...
Yeah, it's only a matter of time before SBD comes back down, it gets printed much faster so the supply will catch up eventually... I just wonder who is buying it at such a high price? Is it just people that don't do any research they are just looking at charts? Seems a little strange...
People who know more than we do, or people who know less than we do. Some bots just trading and some might be prepping for smt