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RE: How much is a Steem Dollar Worth ?

in #merchant6 years ago

Like you said today is today 😅 so personally because crypto is so volatile with its movements I would suggest a instantaneous calculation for a fair evaluation of Steem or SBD. The #OneLoveDTube community is making a wordpress plugin so anyone can accept Steem as payment primarily so we may do so through our webpage for our IPFS hosting service but to my understanding there is no general rule of thumb for fair evaluate and must be done at current market evaluation.

SBD is meant to be pegged at one USD but with the long bear market we are seeing the trading pressure breaking that peg which I believe will be a long term issue as since I have been here it’s always been way above or way below what it’s intended peg should be thus my conclusion for using current market evaluations.

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Thanks for your reply and help. Actually I agree the instant/current pricing seems the safest, but as more Global merchants join DTube they will see and want to do the same thing. I know the solution(s) will evolve, I appreciate the time you took. Aloha, Rich