Interesting question but, it seems to be less volatile than other coins so I think some people head into it as markets retreat.
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Interesting question but, it seems to be less volatile than other coins so I think some people head into it as markets retreat.
yeah I thought people might buy SBD if they predict BTC to fall, however I never heard anybody - not even Steemians - say that they used SBD in that way.
Where I first heard was a post a long time ago by @lukestokes
he is one of "them", though. My point is that only Steemians who are decently successful on Steem on a regular basis have a (major) interest to keep Steem at a high evaluation and therefor buy all the SBD that is generated by Steem.
From a financial or personal standpoint it makes no sense to buy SBD or Steem unless you are willing to bend the rules.
These are all conspiracies, I have no proof, just a certain feeling.