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RE: This biggest reason steem prices are falling: The Arbitrage Sabotage Steem-Dollar Teeter-Totter

in #steem8 years ago (edited)

@blakemiles84

which way do you want me to play out. The way where miners and witnesses have to operate nodes at a financial loss (which they won't do at least not forever), or the part where the decrease in value (and the subsequent increase in the steem value of SBD) kicks off super hyper mega inflation, or the part where the value is never going to be .001, because liquidity concerns (and the two points above) make it far more likely for it just to skip to zero.