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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg
As a trader myself in SBD Tim, I just fear for the law of unintended consequences here. Any changes could make investors flee the SBD on Bittrex for example. This is already a v.volatile instrument to trade! Perhaps your plan could bring some stability to the price in the long term, but not in the short term. Interesting plan :) Upvoted.
Very good point. Short term consequences are definitely an item for concern.
I just wish the Steem price would catch up and surpass the SBD price ... that time will come though through good organic growth :)
Hope so too :) I feel that it will eventually. Likely sooner rather than later.
Looking at the daily charts I fully expect it to hit $2 before I get home from my 3 week vacation in Israel :)