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RE: SBD Breaks $3!!! What's Next?
I still don't understand it... sbd were meant to be worth around 1 usd, they dont really serve any purpose at all on the steemit blockchain, why are people buying it?
I still don't understand it... sbd were meant to be worth around 1 usd, they dont really serve any purpose at all on the steemit blockchain, why are people buying it?
only thing I do with it right now is convert to steem power, but if I was one of these whale folks I would convert it to btc or something and cash it out everyonce in a while.. I still don't know whats going on
It is tough to understand and I don't know why SBD is going up, but all cryptos are going up so it makes sense, lol. @spacetrucker, I generally convert 50% of my SBD to BTC or Ethereum and then the other 50% to SP. So 75% of my earnings go back to Steemit. The rest I put in my "savings account".
I hear ya , one of my baby goals when I first started was to convert steem to btc then go to a precious metals website and stack silver. but with crypto going so well now and silver been so stagnant and stable recently if I had the extra steem now I would put it in litecoin or ETH or BTC.. I try to put 5 or so dollars a week into coinbase anyways. anyways I am starting to ramble, thanks for the comment !
Holy crap, now SBD is over $7. This is crazy.