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RE: A curious case of diverging SBD and USD [charts]
Thanks for sharing these charts! Interesting...
I don't have a clue why the price of SBD remains so high for so long. The SBD was used to pump and dump a few weeks ago, but it seems traders are willing to pay a premium. Maybe because USDT (Tether) lost its peg to the dollar recently.
While the price of SBD remains high I have two tips:
- Do not convert SBD to Steem. Buy Steem on the internal market instead.
- Do not use the "100% power up" option when posting. It's better to sell your earned SBD for Steem and use it to power up afterwards.