No. It's going down. It is built to go down. It's entire value is being $1 USD's worth of STEEM. That is all it's worth. Therefore, it is rough worthly $1. There is no real upside. The success of Steem

This makes no sense. SBD is basically worth a $1. There is no real upside, and there isn't supposed to be. If you buy SBD over a dollar, your odds of making money on it are very small.

You effectively lose the arbitrage opportunity at that point, because you have to sell the SBD on the exchange you bought it on (which is really why I care, although I realize the original post didn't

Good to know. Looks like I've got some work to do.

So I guess this different model doesn't really lead to better content curation... although i suspect these are also skewed by people piling on to the posts that are heavily powered up.

Thoughtful ideas. What about a downvote button?

Even these comments are just fishing for upvotes... we need a downvote button.

By creating a community that actually rewards quality content and not just voting pools, bots and the incumbent powers that be.

I'm not sure MAD is the correct reference here. This probably warrants a UAD (Unilaterally Assured Destruction) designation. I think only 1 side of this fight is truly assured destruction, but I could

Great post. Thanks for putting forth some ideas. I totally agree with you on the problem. I'm a little skeptical that the referral program you suggest my just further concentrate the wealth in the 1%.

History would suggest your next opportunity is less than a week away.

It has recovered a bit, but still at around 95/95 cents, so still opportunity for a quick flip.

In addition to cross-exchange arbitrage, SBD presents frequent arbitrage opportunities (given that it often trades at a material discount to $1 on Bittrex and Poloniex).

The problem there is that it is 1 of only 2 exchanges that allows for SBD trading and it has twice the volume of the other, Bittrex. So it's difficult to avoid. Other than this issue, Poloniex has worked

I don't get it, but I'll comment anyway. This is a good example of some of the flaws of Steemit. Until people use it as a social media platform instead of trying to game the system to make money, widespread

So what you're saying is... buy more bitcoin now!

Peercoin, MasterCoin, Namecoin & MegaCoin

Haha. We need one of those RemindMe bots from Reddit to check in on this in 3 years and hold him accountable.

Steem Dollars (SBD) selling at a similar price even though largely pegged to the dollar. Should correct back close to a dollar quickly.

It's about time. Can't wait.