It's been some crazy times in Steem world lately. Who could've expected this to happen with Steem Dollars and for it to remain this high?
It leaves for some crazy conspiracy theories.
Are whales just bored and want to help redistribe of SP to posters?
Is Poloniex somehow involved since they took down Steem/SBD deposits & withdraws around the same time while locking away 600k SBD?
Is someone manipulating a low supply currency just because new money is coming in through the first fiat to sbd listing of Upbit?
Whatever it means one thing is clear, authors have started posting a lot more to take advantage of this situation and I can understand them. I wonder what the average voting power of autovoters is these days.
This is a great opportunity to increase your Steem Power if you really believe in the platform and currency, I've been trying to make the most of this the past few days. Trading some volatile currencies like Ethereum and EOS while moving the profits into Steem and slowly powering them up. Leaving some liquids here and there if the opportunity arises to make some more gains on trades, how awesome is it that it only takes 1 minute for your Steem to appear on Bittrex with a 3 sec block timer and only 20 confirmations required.
In case you follow the crypto analyst @haejin, he has predicted that the SBD price could go up to $30, what do you think about that?
What have you been doing with your SBD profits, Steemians?
Leave a comment down below, in these #AskSteemit posts I reward good discussions more than usual.
