Its great theory, that could actually triggered the pump... But then all these people realized how fast SBD transfer and how its absolutely free to transfer, and they realize the low volumen circulating, so it becomes more valuable, high demand low offer, values goes up.... Many people is doing arbitrage because the coin is perfect to transfer between exchanges fast and free... So they really dont need to know what steem dollars are, they serve they need pretty better than other coin and they are making money, offer wont grow significantly so they will keep their value...
Only thing that could drop its price is BTC price crashing hard and for long time, and i dont see that happening anytime soon...
You are viewing a single comment's thread from:
Agreed! and if Poloniex's SBD wallets weren't currently under maintenance I'm sure we'd see a lot more arbitrage.