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RE: Why is SBD Going Crazy?! Currently @ 2.4$
As I mentioned under another similar post.
Тhere are only about 3.5 million of Steem Dollars and price can be easily pumped with relatively little money.
While there are about 264 million of Steem, so it takes more money to move price.
So you are saying someone is deliberately manipulating the market?
Always. That is how markets work.
is there any other way to turn STEEM into SBD other than the internal market / exchanges?
There will be if this proposal is implemented.
"Improve SBD to USD price parity"
https://github.com/steemit/steem/issues/1839
Is there any ETA when it can be implemented?:) thanks by the way! tip!
No ETA yet, this proposal was just made today :)
You can track progress at the link.
Thanks for the tip.
Hi @slavix! You have received 0.1 SBD tip from @cardboard!
@tipU - send tips by writing tip! in the comment, get share of the service profit :)