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RE: SBD broke it's peg to the upside, could HBD be next?

in LeoFinance3 years ago

I think it's all about making money.

Agree. And the Korean community thinks they can make money by doing stupid shit like pumping a stable coin and supporting a hostile takeover. This is really greater-fool's theory at its finest, imo.

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It may not even be related to anyone on Steemit, in fact I wouldn't be shocked if it wasn't. All sorts of altcoin pump groups out there.

Interesting, like they just see a low market cap coin and decide let's go for it this thing got up to $13 I bet it will do it again?

Yep, exactly. I am not saying for sure this has nothing to do with Steemit, but it's entirely possible. Either way though, hopefully it spills over into HBDs at some point as I think it's the easiest way to get the price of STEEM/HIVE moving up and as we well know a coin price moving up is the easiest way to attract more users... sort of a chicken or the egg type thing. Hard to get the coin price up without more users and hard to get the coin price up without more users. SBD/HBD price pumps do the trick. :)