My opinion is that the high SBD price will attract more people to write posts. The payout of those will compensate the request of SBD.
Too easy? It's the law of the market.
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My opinion is that the high SBD price will attract more people to write posts. The payout of those will compensate the request of SBD.
Too easy? It's the law of the market.
Maybe. Still supply of SBD is too inflexible and can not react quick enough to jumps in demand, breaking USD parity.
Yes, but are market movements that are gradually reabsorbed. See this chart:
Is the same of my post
https://steemit.com/steem/@miti/steem-dollars-at-usd3-20-impact-on-steemit-community
Compare that chart to this one, showing BitUSD price over the last year. BitUSD keeps USD peg much better.
You got a point there, @slavix