You are viewing a single comment's thread from:
RE: Will There Be Another SBD-Run? 2 SBD Steem Bounty!
SBD was originally intended to be pegged to the USD$.. while STEEM can freely fluctuate and its value depends on market perception.
although it will take a while to occur, it may start to come close to that. there are weeks where the value of STEEM is below SBD, that would be awesome since inside the steemit platform SBD is the circulating currency.. but this rarely happens.
in my case, i use the market (under wallet) to trade between the tokens. or use blocktrades or the exchanges to liquidate.
Ah ok thanks! Is there any ratio you are saving up to trade between SBD and Steem or do you just trade them at the ratio it is at the point you wanna trade?
i would usually take what the market offers.. i seldom have a stack of SBD to trade to STEEM.
i also trade bitcoin with altcoins in Binance. seeing that STEEM goes down, i seize every opportunity to invest in the platform. that's more significant to me than the ratio of STEEM to SBD.