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Question asked on Musing.io by funtraveller

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· @funtraveller ·
Question asked on Musing.io
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properties (23)
authorfuntraveller
permlinkf3qslqvaq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["steemit","sbd","cryptocurrency"],"appCategory":"steemit","appTitle":"What is happening to our SBD? What is the reason to its current price that is lower than USD?","appBody":"As far as I know, SDB is meant to be pegged closed to the value of USD, basically 1SBD = 1 USD (around that value). I just checked the price and it's around 0.73USD.","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
created2019-01-11 01:01:18
last_update2019-01-11 01:01:18
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cashout_time1969-12-31 23:59:59
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vote details (3)
@adenijiadeshina ·
Question answered on Musing.io
<a href="https://musing.io/q/funtraveller/f3qslqvaq">View this answer on Musing.io</a>
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properties (23)
authoradenijiadeshina
permlinkf392dbtaq
categorymusing-threads
json_metadata"{"app":"musing/1.1","appTags":["steemit","sbd","cryptocurrency"],"appCategory":"steemit","appTitle":"What is happening to our SBD? What is the reason to its current price that is lower than USD?","appBody":"<p>Actually it is true that SBD should be equal to 1 USD and should be constant but all I can say is that the down situation of Cryptocurrency world have really affect SBD which have made it to drop in its value or market price. </p><p>Presently, the Cryptocurrency world is suffering from a general downfall as many of crypto are suffering the same thing. If we take a look at those like bitcoin which have fall , the likes of steem also which is around 0.3$ and many more. One can conclude that the downfall situation in the Cryptocurrency world have really affect all the cryptos .</p><p>So to me, what is really happening to SBD currently is that SBD is also suffering from the general fall situation in the Cryptocurrency world which have resulted to also the fall of SBD below 1$ which is not supposed to be. The current reason is that Cryptocurrency world is down genrall which have really have an effect in SBD value. </p><p>But I believe the SBD value is going to rise very soon tonits 1$ when the Cryptocurrency world also experience a rise in the market value or general price of other Cryptos. All we can do now is to hope for the best and be patient.</p><p>#onelove</p>","appDepth":2,"appParentPermlink":"f3qslqvaq","appParentAuthor":"funtraveller","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2019-01-11 06:53:36
last_update2019-01-11 06:53:36
depth2
children0
last_payout2019-01-18 06:53:36
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vote details (1)