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RE: Wtf ? Price of steem is 59 cents on here ? But 1.04 on coin market cap ?
That's price versus SBD rather than USD. SBD is selling at a premium on bittrex atm.
That's price versus SBD rather than USD. SBD is selling at a premium on bittrex atm.
I see sbd is 1.54 currently
So there goes the peg to the dollar
Sbd is supposed to be pegged to usd , it's not ?
The value of steem blockchain dollars comes from the fact that they are redeemable for steem. If volume increases significantly then i dont see the imaginary peg holding. There is only 3.5m sbd after all. So i guess sbd will not be = 1usd without some form of intervention and code change