and the correct answer to that is to buy and hold SBD since that is the literal equivalent of opening a short position on steem. What
is doing is exactly the correct move, it makes it easier for others to acquire steem and gain a voice and influence while the platform is still nascent.
is in the unfortunate position of damned if he does and damned if he doesn't. However the sooner this is over with, the sooner the healing can begin. It's catharsis.
BTW I'm a bit pissed I converted $100 USD worth of SBD a week ago and got back about $60 USD worth of steem today. Point of SBD is I'm supposed to be able to get about $1.00 worth of steem and all I need to do is have patience and wait a week. $0.60 does not qualify as "about". I hold SBD so I'm not assuming bagholder risk on steem. Can you please look into fixing it so that we use the current market price or the 24hr avg price? Otherwise the only smart move is to hold something else while we wait out the inflation if there is any chance we will need our money within a few weeks.
RE: Steem Price is being pushed down by 1 person! Speculation on why and where it may end up