Do You Want SBD To Pump More? by syedumair

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steem · @syedumair · (edited)
$1.61
Do You Want SBD To Pump More?
![Screenshot_20200215-033243_1.png](https://cdn.steemitimages.com/DQmQW22vi5RENrRTux4TL6FV2KPcAdwxmkwepNkir9wBRBK/Screenshot_20200215-033243_1.png)
[Source](https://coinmarketcap.com/currencies/steem-dollars/markets/)

I was on coinmarketcap to check the price of steem and some other crypto and then I thought about checking the price SBD too. As you can see from the picture, it is currently trading at $1.05. As much as I would love to see SBD pump more, in the back of my mind, I think that that it should be pegged very close to the value of one USD. 

The idea of having SBD on steem blockchain was to maintain some stability in the ecosystem but the price swings in SBD have shown that it is not pegged and perhaps currently we have no solution to keep it around that $1. It just goes to show that if it can rise above $1 mark, it can very well go below that mark as well, just as we have seen in the past.

Many people would want SBD to pump as it did towards the end of 2017 but honestly, I don't want that to happen again. If SBD is on the blockchain it should behave as it was supposed to. 

If it continues to fall from the peg, it would be better to remove SBD from the blockchain. We have received liquid payments in the form of steem and everything went so smoothly during that period. This makes the blockchain less complicated. We will just have one coin and I think it will be in the best interest of everyone.

What are your thoughts about it?
Do you want still need SBD payouts or do you want it gone completely?

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vote details (57)
@steem-plus ·
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vote details (1)
@esteemapp · 
Thanks for using **eSteem**! <br>Your post has been **voted** as a part of [eSteem encouragement program](https://esteem.app/esteem/@good-karma/encouragement-program-continues-82eafcd10a299). Keep up the good work! <br>Dear reader, Install [Android](https://play.google.com/store/apps/details?id=app.esteem.mobile.android), [iOS](https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=1451896376&mt=8) Mobile app or [Windows, Mac, Linux](https://github.com/esteemapp/esteem-surfer/releases) Surfer app, if you haven't already!<br>Learn more: https://esteem.app <br>Join our discord: https://discord.me/esteem
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