What actually happened is some trading pool or pools in Korea juiced SBD bc it was juicable (light trading, hard to sell by those who own a lot of it). Really nothing to do with the $1.00 mechanism or steemit accounts. We can see this by the trading volumes on exchanges which allow SBD trading, look for the volume and you can see who's doing the "juicing".
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Everything to do with the mechanism. If the mechanism had a means of rapidly printing SBD to suppress the price, SBD wouldn't be "juiceable."