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RE: Boost Steem Value by Backing Steem Dollar

in #steemit10 years ago

I disagree. As it is now it makes perfect sense... the problem that a SBD is not 1 USD, is the expectation what happens in the next 7 days... if the expected average would be equal to the expected price in 7 days it would be 1:1. Right now everybody expects the price to go lower... I for example expect it to go below dogecoin level, perhaps 10-15 million marketcap before the dumping ceases...

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