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RE: Simple Analogy and Explaination of the relationship between STEEM, Steem Backed Dollar, and USD

in #steemit • 8 years ago (edited)

I wouldn't dare to speculate on the price of sbd. Simply because the market is irrational and any technical analysis on sbd is all nonsense.. Steem dolllar is designed to worth $1.

I rather regret changing to steem before sbd shoots up again that not cashing in on this anomaly before either steem price shoots up or sbd comes down.

8 years ago in #steemit by
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     8 years ago 

    Now it seems that Sbd is going down and the price of Steem is going up.

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