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No No No... what happened is that during that spike the SBD price was MUCH above the Steem price... that graph has nothing to do with steem price.

When the SBD to Steem ratio is high, buy.... this is when SBD is superior to Steem buy.

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STEEM 0.19
TRX 0.13
JST 0.030
BTC 63850.79
ETH 3415.87
USDT 1.00
SBD 2.46