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RE: Life in Godfather's Gulch

in #bitshares6 years ago

Keep up the struggle so that many will enjoy, we need the steem to be strong so I believe if bitshare is strong steem and sbd will be stronger. Looking at the current fall and rise of steem and sbd. But I just want to ask why are most currency or let me be direct why is steem and sbd falling with bitcoin?

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Everything is priced in bitcoin. If bitcoin falls wrt USD, there is an immediate fall in everything else until the market inefficiently adjusts.