When SBDs go up, they pull STEEM up with them
The best way to send the price of STEEM soaring is to first send the price of SBDs soaring.
SBDs are a much smaller market cap with a much smaller liquid supply meaning it takes a lot less money to push their price up.
Once you push it up, people start selling their SBDs for STEEM, thus pushing the price of STEEM up as well.
(Source: https://steemworld.org/@thedogekid)
When SBDs are high it basically cuts off all the new STEEM supply causing a supply crunch if new demand comes in.
With bitcoin making new highs that new demand may be coming shortly.
Can you share how to sell SBD? The wallet feature leads to Bittrex which isn't available to me as a U.S. resident.
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