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RE: Addressing the Steem Dollar Situation

in #steemit7 years ago
"People are going to unload it very quickly and it will push the price down."

Isn't this happening right now? All the content creators are selling their SBD while the exchange rate is high. What's so bad about that? Obviously someone out there with very deep pockets is trying to keeping SBD at elevated levels, but I'm sure this won't last for long anyways.

Is it possible someone is pumping SBD in order to force a change to the payout structure?

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Yeah, but not fast enough in my opinion. Like I stated at the end of the article, the market will adjust if we do nothing, but it will be much slower.

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