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RE: A potentially useless post about SBD print rates, bidbots and stress

in #steem6 years ago

Honestly I think the issue that is at hand right now has more to do with which one to hold for a run up then worrying about the bid bots. The play as I see it will be SBD as right now there is so little being printed that the price will spike much more drastically if a group decides to pump it. When everyone was getting massive amounts of SBD the pump still worked, picture now with very little being printed each day how quickly it could spike. At the very least I feel that we will see SBD at a higher price then steem in the near future due to the disparity in printing, but more likely we will see a major run up by a pump/dump group that will take advantage of the limited float for SBD.

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I didn't mention the potential Spike in SBD prices. The bidbot owners have made a killing on the highs of it yet, it seems that many didn't buy Steem with it ;) There is only 15 million SBD in the marketplace and that is very easy to pump, as we have seen in the recent past. I have some SBD just in case because if it does happen to pump hard, and Steem lags, I will power up again, as I did last time.

I knew what you meant, just think the topic for discussion that might be really helpful to a lot of your readers is to understand the math of what you put forward in relation to the potential for SBD to spike and them to make some nice returns. When SBD is at, or below $1 on the markets it's a great time to pick some up with fiat and wait for the next pump which will happen IMO.

The bot owners make a killing no matter what it seems. Don't think that most people care one way or another if they are paying steem or SBD...maybe I'm wrong, but so many that are using bots aren't worried about anything other then pumping their next post and the liquid steem and SBD are just at tool to that.

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