How SBD jumped when it's backed by USD ?
So, my theory would be this:
These all whales here on Steem, including owners of it, probably had tooooooo many SBD that was worth shit with the market price of our dear currencies past 2 months and then what happened...
2 X-Person with 2-3 milion SBD and STEEM came to internal market, dropped the sales by purchasing from each other steem : sbd
at 0.50 and destroyed complete price of outside markets or it happened vice-versa ?
This what happened is impossible by all introductions and definitions of SteemIt to happen.
This will never happen again. BUY STEEM FOR SBD NOW OR NEVER!
Cheers
Luci
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by murda-ra from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Upvoted ... Resteemed! How can it be indeed ... I'm spending any SBD i have on STEEM while it lasts