You are viewing a single comment's thread from:
RE: SBD Tracking BTC!
While I must admit your points are valid and possible, yet I still can not understand why SBD would be the best tool to hedge early BTC investor's profits. Buy something for $12 or $16 which **most likely * will go down to $1.00 ? This is beyond my brain imagination limits...
@onealfa I agree with what yoy say, and logic tells us what you mention. However, SBD has been at $12 and up for more than 10 days by know right? And some people predict (like @haejin), that it will go above $30 soon. This is crazy. Who knows really what is going on. In any case, the one or the ones who are doing this may know they are helping blog posters a lot with rewards with this, or they may not know, and they are just doing this as a way to transfer their BTC profits.
And LTC were will it go now? To $400? What is the short term roof?
Regards, @gold84
PS: By the way, your opinions are very important to my ideas, and you have added in the past to some posts. Would be great to hear comments from you on the last idea about Showing the USD value of posts when hovering the mouse on the SBD payout amount: https://steemit.com/utopian-io/@gold84/lets-show-usd-value-of-posts-when-hovering-above-sbd-post-pay-amount-to-make-it-easier-for-new-visitors-to-see-the-big-rewards
They're expecting it to go even higher. The current "peg" only keeps it from going lower than a dollar. There's nothing capping the upside.