I kept wondering about how we as steemians could help or contribute to the possible upsurge of the value of SBD and Steem. I know a lot of us are expecting for it to rise at least at a considerable amount so we could start cashing out again.
Lately, I’ve been monitoring the value of our very own cryptocurrency and find it at a more stable level. Obviously the current value of both is definitely low compared to their value during the last quarter of 2017.
As far as I know, creating quality contents could help produce steem and the more steem being produced in the steem blockchain the higher its value would become.
I’m not sure if I am right with that presumption. But considering those quality contents I see being produce on #steemit unceasingly made me think I might be wrong. There might be other ways in order to make the value of SBD and steem grows high.
But what is really the aim of #steemit in this matter? I read about that intention to make the value of SBD stable at a low price. Does keeping the value of SBD or steem at 1 USD would really help the platform? And is it possible to reach that level again?
I know the value of bitcoin soar high drastically in some point of time and that made a lot of people became an instant millionaire. Considering that in mind I am also wondering if the value of SBD or Steem would go that far. Or it is impossible.
Please feel free to share your thoughts in the comment section below.
As of 13-March-2018
STEEM = 2.36 USD
SBD = 2.59 USD
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