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RE: The state of steemit for the year.
can't believe that one of the posts on steemit broke 1,000,000 views. That is absolutely crazy and it is great to see the platform is performing so well.
Also I've been wondering why SBD is $10+ most of the time. Do you have any idea @gavvet? I wonder who is buying it with many people on steemit selling as much SBD they can or converting it to steem.
The reason SBD is so highly valued is because there is incredibly little of it - only a few million in circulation right now. Even small purchases drive the price up significantly. A lot of the SBD was also trapped in Poloniex until recently, as they have had STEEM and SBD transfers disabled far more than any of us might like...
I am holding on to my SBD - at this rate we are going to be able to buy a nice car with a few hundred SBD in 2018. Wouldn't that be something? Even better, SBD goes to content creators (not curators), so it is nice to see rewards geared towards them do so well.
am also holding to mine , with the recent spike in the crypto market, their is money to be made