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RE: SBD had a really nice pump earlier today

in #sbd5 years ago

I'm happily converting all my SBD to STEEM, so I'd rather have SBD below 1$ - thank you :P

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Hehehe or you could have 20% more sbd in just a minute and then trade it to our precious steem :P

Well, that's the thing, converting has been giving me about 20% more STEEM for months now :D

True.
In any case I wouldn't say no to a 20% profit. Any day any time.
I think sbd might have on of those crazy runs like 14 months ago...just saying.

A wise man said (I think it was @acidyo :P) that eventually people will understand that the thing is how much sbd can someone print :)
And that's because since we are all here for the long haul, and powering down is out of the question, then you have to have lots of sbds to convert to fiat (until fiat is replaced)

Unless the plan is to keep powering up forever just for the sake of it :)

Hmmm - yes, well, the cashing out is where I'm afraid I'll be stuck with 1$ SBD. But I can imagine SBD will get another run - although the 2017 one seemed extreme and might have been caused by some misunderstanding about STEEM/SBD as well.

Anyway, I've never been good at economics, Steem made me care about numbers way more than I ever did - maybe I should keep some SBD then? Just to diversify? But I loooooooooove my STEEM! Hahaha.

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