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RE: Steem Dollars touched $0.73ea on Polo
Half the problem is Poloniex anyway, ausbitbank. Even on Bittrex today, SBD is still 90 cents, which is cheap. I like to buy SBD below $1 for a trade, but part of the issue why I wont switch today is I wont get the ultra cheap rate on poloniex which I do not trust, since I may never be able to withdraw the funds. And 10% trade on Bittrex would be okay if the market were tanking, but it's rallying nicely so I'd rather just own the stuff going higher. Nice thing you're taking steps to try and keep the value in line with $1 USD. SBD would just do a lot better of poloniex closed shop or got its act together.