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RE: Can You Profit From The Current Dip? (Step by Step Tutorial)

in #steem6 years ago

This is very true but steemit has lots on things tuning up.

As we all believe that sbd can take a massive up drive, there is another pending issue of sbd being pegged at $1. That happened to have been an issue of discussion for a while.

Sbd rise is profitable to everyone as the system takes it as one but it will be more when you send it to an offline exchange to sell

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I think that pegging SBD to 1$ it's simply impossible, because once the SBD is on the market its hard to maintain a value of 1$, it's trading and that means that the price will go much more bellow/under one dollar than staying at one dollar all the time. Besides that, we only have 21 million SBD supply, someone can easily manipulate the price of SBD if he wants to.