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RE: AskSteemit #9: What is going on with SBD's?

in #asksteemit8 years ago

I thought it is because steem in equation to BTC is very expensive while SBD is fairer. 8K steem=1BTC while 1200SBD=1BTC. So better returns. I guess this is economics, behavior explains why irrational decisions are taken. Richard H Thaler guys had a point.

Coin Marketplace

STEEM 0.06
TRX 0.31
JST 0.059
BTC 65781.26
ETH 1984.24
USDT 1.00
SBD 0.50