Yes @steemmatt you are right. With SBD now worth $9.77, there are going to be plenty who find it a good time to switch into Steem. However that does not detract from the fact that Steem has a utilty value of its own in terms of curation power. That’s what gives it a value.

The recent price move may be the catalyst to attract the investment community.

A downside to steem is the limited number of places you can buy or sell it. You can trade here through the wallet, or you can trade on Bittrex - which has the most volume, or you can trade on bitshares. The spread on bittrex is less than 1% so that’s the place to go if you are in a hurry. On the other hand, bitshares has up to 9% spread which is great if you like to place a limit and can be patient.