It is really incredible seeing the rewards that are getting paid out because of the super-high Steem Dollar... Bloggers receive excellent earnings because of it.
My theory that somebody wants to do an "option call" starting conversion and getting all of those new Steem without affecting the Steem Price cannot be explained by this trading volume of the Steem Dollar... if only somebody would be buying he had already bought all of the SBD available.. But it seems like there is trading going on back and forth
Is it to attract new users this way?
Is someone holding the SBD price conciously up in order to get more users onto Steemit? This would be really mad buying for tens of millions of USD Steem Dollars and taking a huge hit.
The 24 hours volume was 7 Million USD (total supply 3.9 Million SBD)... no one in their right mind would do that...