Current Prices of SBD at 8 and Steem over 1.80 leave Resteemers out of Business
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With Current Prices of Steem Dollars SBD at $8 and Steem at 1.86 whoever resteem for a price based on Steem/SBD will be impacted. My Model, based on paying USD $ Cents and not Steem/SBD Cents, is telling me no to invest on Resteeming service to get Audience Fast.
Resteeming Services make sense with Steem/SBD around $1, but higher looses competitiveness, even the Promoted section get very expensive at SBD 8. You will be crazy to burn USD 800 to get a fraction of it back. Even for getting exposure does not make sense.
Current Prices of SBD at 8 and Steem over 1.80 leave Resteemers out of Business, unless they lower prices or adjust formulas to price fluctuations.
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