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RE: STEEM DOLLARS (SBD) - Bullish trend continues
SBD is supposedly pegged at about USD $1.00 though it fluctuates within a fairly wide range for the moment. Therefore, the idea that it will reach USD $2.80 to USD $3.00 is somehow almost impossible, it has been programmed otherwise. On the Steem level though, things are going to be different!
Namaste :)
I wonder how long it can stay at elevated if it's programmed to come down. I am wanting to buy some ; )
If I had extra cash to put into the platform, I'd invest into the Steem, not the (SBD) Steem Backed Dollars as, not only would you get a lot more for your money right now, but on the long run the value of it will necessarily rise well above the SBD, several multiple times... ;)
Otherwise, I'd sink it into other Bitshares based platforms, such as the Bitshares itself, EOS, the Sovereign HERO, Zephyr or even Eristica, coming out in 2 days! ;)
Namaste :)