USDT vs SBD

in #steemit7 years ago

A battle is currently taking place in the crypto space over who has the best USD pegged crypto token.

I'll be brutally honest. I haven't done much homework on the topic and hope others can fill in the blanks, but it seems that USDT (USD Tehther) tokens were hacked back in 2015 and some were being forged to cover the losses and keep the books "legit"... aka 'cooking the books'.

This may explain the gigantic green rocketship observable in the above

Selection_029.png screenshot in contrast to the ugly looking dip in the USDT screenshot.

Selection_030.png

Mind your crypto folks. It never sleeps. Not sure what will happen with USDT, but SBD will eventually level out, by my estimation.

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at the same time steem took a nose dive!!!

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63811.50
ETH 2617.28
USDT 1.00
SBD 2.77