So, in the beginning SteemDollars were pegged to $1 worth of Steem, but is now at $2.. Do you think the next stop is the $5 Dollar bill? Is the sky the limit for the SteemDollar? - Market Decide!
SteemDollars are now pegged to the two-dollar bill? Next stop the $5 dollar bill?
Cryptocurrency is the future. Steemit is a foundation, and to be worth quite a bit in several years. 5$ would be undercuttin it.
you may be right on that
Nothing is impossible when you have what people want.
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The dollar, two dollars, 5 dollars ... the stage is set for change and we are steemIT
yeah, SBD seems to be moonbound like every other good crypto
Don't we have one better than the others and just in time when the masses are ticked off at the social media platforms? I think we are more than every other good crypto... we have something that is about to bust out in the sunlight. The buzz is on.
It's just time :)
I don't understand this peg
thing.
could you explain.
speak slowly, use small words and picture please.
That is an ancient sumerian clyinder seals! You roll it onto clay tablets and imprint the text! Like Bronze Age paper!
You had me up for 2 days figuring out how to explain, I tink I finally
nailed it down... see if you agree :)@everittdmickey I made a poetry about it in my next post here: https://steemit.com/pegged-poetry/@fyrstikken/pegged-poetry-for-millennials-and-friends-most-likely-the-text-of-a-new-song
exciting times for such a new technology in it's very infancy :)
totally, and steemdollars are superfast too, and no fees.
I think I might have a few old bills similar to this laying around! Not 1953 editions though!
they are popular for tipping
That is a great idea!!
most Americans probably think they are fake... :|
no just walmart bestbuy and public school lunch programs
ROFL!! haha
I have a few old $2 bills save in my bank, think i might go for it.
:(I'm a vegetarian, what about me? ):
We need to create options @lakshmi :)
Options: 1) Buy your own Pudding 2) Steal some Pudding 3) Gather ingredients and make your own puddingSo these would be Pud(ing) Option
how about you split up the pudding into 10 different pieces, loan them out for a small percentage,and then credit default swap the pudding to other pudding banks! Soon the pudding bubble will crash and youll be shorting all your pudding
I like options and choose #3
This is really encouraging news! Perhaps the market is finally seeing the potential for this platform; I can't wait to see what happens next. All I know is that I will be hanging on to my Steem Dollars! Thanks for sharing...
you will not going to change it to steem?
I am planning on hanging onto most of my Steem Dollars and see how much more premium the market will place on these. It's $1.74 per Steem Dollar as of right now, where as it was around $1 about a month ago. What are your thoughts (and plans) on SteemDollars? Thanks for the post!
I don't understand this as much, only that gavet's post advised it's better not to powerup immediately with posts, but rather the 50/50 option just because of higher SBD to steem..
One can then buy more steem after then powerup...this is if i got it right ;)
Too funny bro. Jefferson would be honored to be the face of sbd.
hockey stick coming.
Very exciting to watch!
If someone wants to give me a large amount of SBD I'd be glad to help out the peg by selling them :)
Amen to this @Nepd! Here Here
Good ole Jefferson...United States Note...Never seen one of those.
excellent! i follow you!
Makes one feel like things are going your way!
Does it get any better? ☆☆☆☆☆😎
Correct me if I'm wrong, but the SBD is intentionally pegged to the U.S. Dollar. It is not designed to be a currency with unlimited upward potential, but rather to stay close to one dollar in value so newbees won't have to struggle with wild fluctuations of cryptocurrencies and doing a lot of math in their head to figure out what a cryptocurrency is worth.
The $5 SBD either represents incompetence by Steemit.com developers, failure of the design to maintain a value close to the Dollar as planned or market forces that are greatly distorting the value of the SBD and twisting it out of it's original purpose. None of these scenarios form a good basis for rational investing in SBD.
As to the question of whether SBD will go to $5, I would not be surprised, considering the anarchy that reigns around here.
Pretty happy with $2 anything else is just a bonus!
I agree with @sumerianprince, $5 is aiming low.
This is a joke right? It is still pegged to 1 $????
Poloniex: USD/STEEM: $0.8378; USD/SBD: $1.7005Well, if it is pegged to $1, that may be true. However there is nothing in the code saying that the balloon cannot raise high above what it is pegged to.
Hehe, that is true ;) Like how you made it visual! And thank you for frequent upvoting!
Glad to see everyone thriving :)
Thank you for the useful information! I learn from you!
Good. So let's go Steemit ;)
steem dollar is growing well.
yeah,
Poloniex: USD/STEEM: $0.8400; USD/SBD: $1.7524Are you on @SteemSpeak discord?
I've follow now @steemspeak.. Can you help me to get steemit and golos data like below post.
https://steemit.com/statistics/@arcange/steemit-statistics-2017-05-09#@how2steemit/re-arcange-steemit-statistics-2017-05-09-20170510t170653822z