Quote from: hozer on September 20, 2016, 05:05:29 AM

Quote from: CoinHoarder on August 03, 2016, 04:17:41 AM

@hozer

Since it has been trade-able, SBD has performed much better as stable / US dollar pegged cryptocurrency than Nubits. It also has wayyy more volume and market depth. $135k in volume vs $5k in volume... It also pays decent interest which is cool

I am not sure if you are trolling, but SBD should at the very least be brought up in any reasonably objective conversation regarding market pegged assets.

From coinmarketcap, sept 20, 2016:
Steem Dollars (SBD)
$0.904956 (5.09%)

bitUSD (BITUSD)
$0.982400 (-3.66%)

NuBits (USNBT)
$1.00 (0.57%)

Can you please explain how 'steem dollars' are a pegged currency at a 10% discount to the currency they are supposed to be pegged at? I don't get it.

BitUSD and NuBits have what I consider reasonable pegs. It remains to be seen if Nubits can keep their peg, but they are the only one I know of that had a failure and recovered.

https://steemit.com/steemit/@dantheman/boost-steem-value-by-backing-steem-dollar