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RE: Unpegged SBD: A Pointless Speculative Asset

in #sbd7 years ago

Like i said, the system already push the price down.
But the suggestion of some witness is to create a mecanism ti accelerate the price down.
But this might have pretty bad consequences.

Imagine if sundelly, the price started to fall 90% in Very few days. What Will happen? Panic sell start, wich would drop the price way below 1 dollar. The effort to Bring the price up again to 1 dollar would be way bigger than It was to Bring It down.