Hey. I would respectfully disagree with the point about naive investors. There has been a huge influx of money into the crypto space in recent months. It doesn't seem unlikely to me that some wealthy Chinese and Korean investors are throwing big bucks at SBD without researching and understanding what it is.
You may be right, I am sure that contributes to it but really the reason I wrote this post today was because I was thinking this is too good to be true and I looked back through the volumes on Coinmarket Cap.
SBD volumes and price makes no sense and I would not be surprised at all if someone is intentionally manipulating this market for gain. 25 million can move a market 16 fold. In keep asking myself what is the angle here. I have no answers but it can't be sustainable.
Maybe it's Facebook calling?
I can't figure it either but I've learned not to miss opportunities, having missed so many in the last couple of years, so I'm not complaining either. It feels to me like some very rich and naive people are essentially paying our wages, but maybe there's more to it than that. If there is a significant element of naive investing, it could take a long time for SBD to return to a dollar! Crazy stuff.