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  1. clacke (clacke@social.heldscal.la)'s status on Tuesday, 23-Jan-2018 07:23:15 EST clacke clacke
    Interesting.

    The STEEM Dollar (SBD) is supposed to be pegged to 1 USD.

    I'm assuming it's like the BitUSD, which is pegged only downward, not upward, because it's now fluctuating between 5 and 6 USD. Until November it was at 1 USD as designed.

    If it works like BitUSD, why isn't someone creating great amounts of SBD from STEEM and shorting them to bring the price back down and earn a lot from the arbitrage?

    !cryptocurrency
    In conversation Tuesday, 23-Jan-2018 07:23:15 EST from social.heldscal.la permalink
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