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RE: As Steem Dollars (SBD) Drop Towards the $1.00 "Peg" — Will They STOP There?
I think SBD and Steem and both following the market for the most part. When the market pumps so will SBD.
The burnaccount will begin to power down, and sell Steem while burning SBDs. Reducing the Supply and when the Market pumps again, SBDs will pump with it.
:) I can't prove it, just my thoughts.
Yeah, that seems to make sense. I'm guessing that if things keep heading south, we'll go back towards where we were in mid-year, last year... almost all rewards paid in Steem and SP, almost no SBD. We're already on the way there...