Why is Steem and SBD not reacting to the market growth? What holds the two cryptos back lately?
There are many factors that keep the sbd and steem from growing at a faster rate. Right now the markets are extremely unstable and small growths are followed by abrupt declines.
In addition another factor to take into account is the flow that may or may not have these two cryptocurrencie because although it is remarkable that the prices of almost all cryptocurrencie are based a little on the BTC this is not something established in rock. So if the commercialization and flow of Steem and SBD are not constant and continuous is obvious that prices will remain a little stagnant.
However this should not be something we should worry about too much because surely when the SMT are released and steemit exceeds the beta face of its platform the flow and marketing will increase what will bring a domino effect (hopefully) that will lead to a rise in prices.