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RE: Burnpost three month status and update
The end result is the same through arbitrage.
The SBD bought on the internal market will be sold on external markets if the opportunity to make profits exist.
The end result is the same through arbitrage.
The SBD bought on the internal market will be sold on external markets if the opportunity to make profits exist.
But maybe isn't it creating a new problem? Steem price in the internal market is sky rocketing, wich encouraging to people sell STEEM there, wich in the end could create an up pressure on SBD, and a Down Pressure on STEEM.
I still like the idea, but i am still unconvinced that this will drive SBD back to $1. Or am i still missing something?