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RE: STEEM DOLLAR Peg Debate : Stakeholder Analysis

in #steem7 years ago

Thanks. Indeed the market seems to have got it wrong, but it's kind of understandable if you think in terms of the market caps of both STEEM and SBD. If 9 out of 10 Koreans pumped their money into STEEM the 1 out of 10 still moves the price of SBD more that STEEM because there is far less supply and a much smaller market cap.