also in a way this reminds me the whole sbd thing in steemit, when from 1$ it went around 10$ The ones that knew about it and how long it gonna last, made thousands and millions, most of us though thought that price will still increase more and that will remain for longer, thus ended up pretty much with the same :P
If i recall back then if i had only my sbd out when the price was 10$ i would have around 4k dollars simple as that...
Wow. I remember someone talking about SBD. It was supposed to be pegged to USD. Yet that wasn't the case.
Ouch. When did you sell then?
Heard some horror stories of people with $100k Steem tokens waiting and waiting only to sell at $5k or something. Damn.
yes it was supposed to be something like a stable coin like what hbd is now. the price was mostly 1$ and sometimes it may get to 97 cents or 1,1$ something like this.
But they did something with the amount of sbd existed (i don't really know) and the price skyrocketed to 10$ for a while, dropped to 7-8$ and then stayed forever to 1$ as it should be. I had in total 500sbd that were worth 500$ but with the whole thing happened it worth around 5k.
Because i was greedy and thought the price will increase more i only took out 1k so in a way i won something. But then the price dropped to 1$, i kept most of it till a couple of months ago because i thought that maybe it will go up again but then hive created so i cashed out my sbd in case steem's price go to hell :P
but some people that was behind all of this made millions
Damn. 10x right away!
Haha! Cashing out is the first rule in my book now.
Haha! At least we know HBD will always come back to $1. So anything above that? We sell next time. :D
Yeah! Crypto brings luck to the masses. Someone just said there was this guy Nick who was a millionaire at 17. Imagine that. So many stories. So many hopes.