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RE: Market Snapshot - May 2nd 2018
What do you think about the steem to SBD ratio in the future?
Since I showed up on the blockchain, the ratio was always between 0.9 and 1.1. These days it floats around 1.2. I do believe that Steem will leave SBD behind! Steem is registered on much more exchanges than SBD, so it will attract much more interest!
What are your ideas about this?
SBD should go back to the $1 peg. It worked like this for a long time and that's the initial design. As a witness, I support this trend by adjusting my price feed bias, so as to increase the SBD supply.
Thx for the response. Do I understand it correctly that it will become harder to grow in steem when the SBD is going back to $1?
Now the pay-out in SBD is 50% of what we are receiving, which is much more than the 50% in Steem.
I was wondering what I had to do with the SBD. But because I want to grow to Minnow status I am powering up as much as I can!