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RE: Falling STEEM/SBD Price - Proposed Solution to the SBD Debt to Marketcap Ratio Problem
Although I read the broader situation a bit differently, I love how much thought you've given this.
Personally, I like that the price of steem is currently low and very volatile, as this has made it possible for me to power up far more than I otherwise would have been able to. Also, I would much rather see STEEM trading at $0.05-$0.15 and SBD consistently at $1 than STEEM at $0.25 and SBD bouncing around below $0.90.
I know what you mean. I have been using the low STEEM prices to increase my vests as well :)
To be clear though, the proposal is more focused on the SBD debt ratio than the STEEM price. As far as the effects it will have on the price of STEEM, it could actually send that in either direction.