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RE: The price of Steem about to move up in a big way?

in #steem7 years ago

Good find brother. I’m interested to see if this will drag sbd along with it. Or should I be converting them as they come.

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I am not sure to be honest. I think steem is the one to own long term, especially as it relates to SMTs. Though with the limited supply of SBD, they can likely go much higher if there is a SBD pump.

I guess I’ll just hedge a little as I don’t want to miss either side.

The limited supply of SBD is really what gives it most of its value. Since it is so limited I think it will go up with the price of STEEM. But then again i'm just some random dude on the internet so take my advice with a grain of salt.

Yep, good point. Though with SBD you are dependent on a pump group getting ahold of it and running it up. Steem can move up based more on quazi fundamentals in terms of people wanting it for SP or as it relates to SMTs.

I expect steem to moon someday which would make SBD WAY less rare.

I always think of this meme when ever I give someone advice about crypto.

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Even the experts can't really know. This market is less than a decade old and the dynamics of it have completely changed in the last year or so. No one really knows anything for sure. It is all just speculation. :)

this is so true, everything comes down to best guess. research, ask 'experts', talk it out, but there is such a thing at information overload, esh I feel at a certain point. usually just step back and make a decision

this is classic

I think you and many others should convert to steem. If steem ever moons I think SBD will have to go lower. I do expect steem to moon someday. Hopefully this year. Last month was a very good month.

As long as SBD is above $1 it is mathematically better to sell. With my luck, I always go with the math! But who knows, maybe your luck is better.

Time will tell I guess