This is interesting @Fredrikaa
I have also been monitoring the SBD and STEEM the last days to trie to come to a conclusion of why it have been like a yoyo.
My teori (and it is a conspiracy) is that maybe there are forces at Steemit that make it jump up, because it is good for STEEM that it is momentum on it.
A coin that stands still and nobody buys is not worth much.
And since it has been so much movement on BTC my teori is that some one wanted the STEEM to rice in value also. And the easiest way to to that is to increase the value of SBD because its limit supply.
The STEEM is a young currency so my calculated guess is that we can see prices withe double zeroes behind it in some years and my dream is that is shall hit the 1000 dollar mark. But how realistic that is I can't tell.
But I am sure that the only thing for me is to power up :)
Kindest regards
@Gyldenhorn
Powering Up is the name of the game at the moment! :D There's just so much good stuff around the corner with HF20 and SMTs that it's easy to get excited!
Hmmm. I think the pumps we're seeing now are just individuals from elsewhere (Korea mostly) that are expecting STEEM to see some pumps when SMTs etc launches early next year and so they are looking to take a strong position now and buy what they can at around 10k STEEM pr Bitcoin.
Nothing would make me more happy if there are investors buying up in STEEM because the expect it to rise a lot :)
Can you share an exchange to buy Steem? I'm currently using Bitfinex and ready for a change.
Bitrex.com
Thank you.