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RE: The benefits of inaction: a defense of a high SBD.

in #sbd7 years ago (edited)

The price of SBD will rise and rise a ton

Um, I disagree. It's just a pump, we had that before and SBD went back to $1. On top of that poloniex doesn't account deposits and withdrawals. They just hold 600,000 steemians SBD and probably do inside trading with them. Once they can't earn more, they will allow SBD transfers and huge amount SBD supply will hit the market. Also on Bittrex the price jumps +50% within seconds. It's just a market manipulation, that's all.