Beyond Trading – The Medium Term Fundamentals. 1. – 7.29.2016

in #steemit8 years ago

I wanted to make this blog like the trading part of “Beyond the STEEM Whitepaper”, like the day to day stuff that comes around. I still do! It is just that I would have to start with something less important than I intended.

So... today Steemit and co decided that they can put a price floor on SD (SBD) – the Steem (Backed) Dollar, at about 3-4% below $1/SD. Great you think???
Well it is great if you have SD to sell today.
AS a long term strategy, this thing is due for medium term exciting failure.
You cannot stand on the way of market forces…
well, you can but not for too long.

Recent blog post of mine:
Beyond the STEEM Whitepaper –2. Where the money come from; New Users DO NOT Increase the Value of Steem (yet)
Beyond the STEEM Whitepaper – 1. Blogging and Curation Rewards Fund; Steem Backed Dollars Creation
https://steemit.com/steemit/@james-show/reducing-the-payout-time-from-24h-to-12h-bad-idea
Steem – The Solution to Curation Rewards

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#steemit #beyondthewhitepaper #beyondtrading #steemithelp #steemhelp #howsteemworks #help #help #money #trading

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This is genuinely a great post.... Thanks !

So... today Steemit and co decided that they can put a price floor on SD (SBD) – the Steem (Backed) Dollar, at about 3-4% below $1/SD. Great you think???

I didn't see that. Good opportunity for arb.

Hi! This post has a Flesch-Kincaid grade level of 12.0 and reading ease of 39%. This puts the writing level on par with academic journals.

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