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RE: Steem Dollars (SBD) show off over Steem
@albertvhons - Interesting post my friend - I've never really played the SBD/STEEM trade volatility game before but I know many have.. Do you have any advice except just trading whenever one rises above the other and waiting for a reversal?
Still boggles me that SBD even rises above $1
I suppose it does due to trader manipulations and certainly not because of its intended written properties from Ned and Scott
In what I have Understand, SBD was not meant really for enforcing $1 only but sbd is created to make steemit profitable not go lower than $1. That is the use case of sbd to prevent inflation.
Market manipulation may presented all the time but it cannot be denied also that it is the traders who contributed much how a coin value goes,
all crypto including steem/sbd is subject for volatility as it was paired heavily to btc and not to usd.
If you don't like Steem trading to SBD, you can either trade in exchanger, like SBD to BTC or Steem to BTC, Same rule applied; Buy low sell high, or sell high and buy low