I am accumulating as much SBD as possible and waiting for its next bull run. Last time I missed the chance to swap on a good ratio.
So my plan is to gradually swap my SBDs to STEEM and then SP during the next wave. Starting from around 2 STEEM/1 SBD and hoping for 5:1. But we will see, it's hectic indeed because it's controlled. If you look at the Bittrex graph, anyone can see that some people play with the BTC/SBD pair. And when they do, they do it in big. That volatility, sudden 2-3-5-10x and then going back to the original price in minutes/hours is unusual normally, even in crypto, especially for something that is pegged to $1.
Hmm, I did not know this, so thanks for the heads-up!
Good move! I have held some this time too :)