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RE: Steem Backed Dollar(SBD/USD) Update 19/12/2017: Going Ballistic,Yeppi!!!!!

in #sbd6 years ago

$11-$12 is a supporting level to watch for and as people are backing away from Bitcoin due to its value and wall street hands on it, I think alt digital currency like sbd will gain further. I can't say which one of two(steem or sbd) will gain more in future as markets has a tendency to surprise as everybody was running before steem and market raises sbd value and now everybody is cursing themselves, but that a beauty of market to keep everyone guessing.

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I think the sbd will go up more and faster than steem because it is rare and only created by the content through the blockchain. What do you think of that idea?