The biggest mystery to me was, how could SBD stay at 2-3$ for such a long period, with occasional pumps to >8$? Who buys a US-"stable coin" for much more than 1$?
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The biggest mystery to me was, how could SBD stay at 2-3$ for such a long period, with occasional pumps to >8$? Who buys a US-"stable coin" for much more than 1$?
Koreans
Why should Koreans do that, it is not rational, also not for Koreans.
That's just how and where they've historically organized. From what I can tell, they're not particularly interested in the long term success of the chain. They orchestrate the pump & dump and hope to catch people chasing the dream.
I think so too, hive and steem/sbd isn't the only altcoins they play those games with.