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RE: Open letter to @Ranchorelaxo and @Haejin.

in #abuse7 years ago

I really do not believe they have to do anything.

As long as people take 50/50 payouts, there will be more SBD created which, at a certain point, will crash the price.

We were at 3.5M when the peg broke now we are over 7M...

At what point can the market not handle it? I dont know the answer to that but I do know there is a point.

The one benefit is that Steemians can really power up while there is the disconnect and people outside are paying up for something that can ultimately be redeemed for only a dollar worth of STEEM.

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Agree! Biggest winners from this are the voting bots in my opinion. Their owners are making big bucks.