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RE: Why Steempower Is More Valuable Then Steem Dollars !!

in #steemit7 years ago

I want to know why the price hasn't corrected back down yet and it is still much higher than STEEM. Although it has a lower total supply shouldn't it have a lower price inherently as you have mentioned?

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A lower Supply means a little amount can make the price move and the investors didn't cashout their Bitcoins yet that's why it's holding on that price but as soon as btc rise again those investors possibly withdraw their btc from sbd and then we are going to see a huge price down.