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RE: SBD trading at a premium? Let's print some SBD!

in #sbd • 7 years ago

Thanks, you've helped me understand SBD better, but now I'm trying to understand why anyone would want to buy SBD now when it is currently at $2.47 on coinmarketcap.com? You mentioned that when SBD is way above $1 then it doesn't work well for protecting profits which leaves me wondering what may be driving the price of SBD up? Could it be that some people don't realize how SBD works? It seems so illogical to me for anyone to drive the price of SBD up to $2.47 that it makes me wonder if I am missing something?

7 years ago in #sbd by
$0.37
  • Past Payouts $0.37, 0.00 TRX
  • - Author $0.37, 0.00 TRX
  • - Curators $0.00, 0.00 TRX
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     7 years ago 

    Yeah, it's wild. I think it's just caught up in the recent crypto insanity. Traders on the exchanges don't always seem to care much about fundamentals.

    $0.38
    • Past Payouts $0.38, 0.00 TRX
    • - Author $0.33, 0.00 TRX
    • - Curators $0.04, 0.00 TRX
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    Coin Marketplace

    STEEM 0.16
    TRX 0.16
    JST 0.032
    BTC 58630.84
    ETH 2465.03
    USDT 1.00
    SBD 2.38