Which do you think would go higher?

thetimetravelerz (66)in #dpoll • 5 years ago (edited)

Which do you think would go higher?

The price of Steem and SBD often follow each other. Over the last few days the price of Steem was moving faster so much so that its market cap ranking in the crypto world improved to 37.
This also took the price to well above the $0.50 mark
In the same time period SBD moved more or less in the same direction but decided to rest close to the $1 mark.close to the $1 mark.
Do you think Steem would go higher than #SBD?

Steem Price would go Higher than SBD

SBD would remain higher than Steem

price of Steem and SBD would become equal

Answer the question at dpoll.xyz.

#poll #crypto #steem #sbd #blockchain

5 years ago in #dpoll by thetimetravelerz (66)

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akomoajong (66) 5 years ago (edited)

Voted for

SBD would remain higher than Steem

It would have been best if you specified a time period. I think whatever that is chosen would not last forever because I believe SBD and Steem will continue to surpass each other as the years go by.

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crypto.piotr (70) 5 years ago

dear @thetimetravelerz

I agree with @akomoajong. We would need to know what is time frame :)

Cheers, Piotr

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thetimetravelerz (66) 5 years ago

How about a 6 month time period

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crypto.piotr (70) 5 years ago

actually I was just trying to sound smart @thetimetravelerz :)

i cannot understand really what drives demand for SBD (except of bidbots) so it's hard for me to figure out how SBD could act in the future. Somehow I believe that demand for steem will be higher and it will increase steem price way faster than price of SBD would grow.

What do you think buddy?

Cheers
Piotr

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thetimetravelerz (66) 5 years ago

In the long run yes but I am looking at the demand supply equation.
And SBD is far more limited in number than steem. So when a bull run happens we might see a rerun of the last bull run pattern.
Plus SBD is SB$ so when some thing has a $ associated with it the uninitiated and the novice investors might fancy that . These r the kind of people who usually get in at the top .fomo makes them get in and hold and this gives the savvy investors and the smart money to make an exit or churn their portfolios. Just my 2 cents ;)

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crypto.piotr (70) 5 years ago

Thank you for your comment @thetimetravelerz

In the long run yes but I am looking at the demand supply equation.

And did you find this equation yet? :)

And SBD is far more limited in number than steem. So when a bull run happens we might see a rerun of the last bull run pattern.

In the past SBD has been popular because of upvoting bots. That's the only reason why I ever needed them. Perhaps those days are gone forever. Upvoting bots are not profitable any more (comparing to the past).

Sorry for such a late reply. Just wanted to let you know that I only had a chance to read your comment now and I appreciate you being so responsive.

cheers
Piotr

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