RE: Steem Dollars/US Dollar (SBD/USD) Price Charts for Feb 17th 2018 - 24h Change + 0.174% by brettcalloway

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Viewing a response to: @majes/steem-dollars-us-dollar-sbd-usd-price-charts-for-feb-17th-2018-24h-change-0-174

· @brettcalloway ·
$0.30
The SBD prices is looking great! This is almost like a windfall for everyone using this site now! How much longer can SBDs sustain this type of premium price, and why has it achieved such a premium? Any thoughts?
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vote details (1)
@majes ·
$0.06
Well, I suppose if you gauge SBD by other crypto standards it really looks pretty good. Very low supply with an excellent blockchain supporting it. 

With such a limited supply it stands to reason it doesn't take a lot of demand to drive the price up, and with very limited tools in place to help drive it back down I suppose it could theoretically hold it these levels and beyond..

Then there could be those who believe there will be a use case for the SBD in the future, again pretty amazing blockchain it lives on. Almost instant transfers with no fees and a very limited supply. Hmmm....

But it's all just speculation don't ya know :)
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