You are viewing a single comment's thread from:

RE: SBD Print Rate: 0%

in #sbd6 years ago (edited)

It is true that all or almost all cryptocurrencies seem to move together to a large extent. I still find the chart pretty interesting (the movements of which show how SBD and STEEM sometimes don't move together), especially the reversal when the soft limit was hit, which seems to say quite a bit about the pegging mechanism. But of course I can't prove any sort of causal relationship from a chart, it could be coincidence or some other factor involved.

Sort:  

Maybe a wager is in order :). You a betting man?
100 Steem and we set conditions and deadline? Donate it to a good cause like @Helpie.

I'm not against making a wager but I'm not sure what we are wagering on? That SBD and STEEM more together to some extent and to some extent don't? We probably agree on that. That SBD probably won't stay 'close' to $1 all the time unless other mechanism improvements are made? We probably agree on that too. That HF20 will improve the peg to some extent? We may not agree on that but it may also be difficult to measure or define.

You don't really need to wager with me though, you can buy SBD for about $1.05. If you are sure of a big pump (maybe to $10+ like last time) then just buy as much as you can. Not doing so would be giving up an 'easy' 10x.

I just wanna say markymark for president real quick.. ok, done