SBD on the way down to USD Parity

in #sbd7 years ago

Well Steem and SBD are retaining their difference in price at about the same percentages, with SBD slightly higher than Steem. Even though I think Steem will recover in the following days and will not be at such low levels for long (but I do think it will go lower and probably start a recovery next week or the week after), to me SBD will go down all the way to $1.00 and will remain at that level for a long time. I have seen too many people wanting this to happen to believe there will be a comeback for SBD. Even though I have no idea why so many people are so interested in SBD retaining parity with the USD, as most people here on Steemit believe the USD is backed by nothing and will sooner or later collapse. So I think the days of earning a lot in USD with few votes on Steemit because of the SBD exchange rate are over, I hope I am wrong.

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i know everything goes down with bitcoin but i thought Steem would be a bit different since it is actually in use and should have value seperate from bitcoin, guess not aye?

Well it is going up at the moment, seems nobody can actually predict the crypto market for now.

Nyc information