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RE: Current Prices of SBD at 8 and Steem over 1.80 leave Resteemers out of Business

in #steem7 years ago

I was not aware, either. But as I realized I had an error on my Formula of Calculating equivalencies to my Facebook average costs I realized SBD was not value of $1. At that time was $3. Keep checking and then saw it climb to $5. Few minutes ago hit over $8

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If SBD is all over the place unlike people think and unlike steem who has been pretty steady over last month's one can think of some profit swaping sbd to steem then from steem to sbd if the price is right.
What i don't understand is what generates high SBD price without rise in steem price .