I'm always fascinated how things can change in a matter of minutes.
We've been in a bear market for over a month now and I was getting used of seeing the prices fall.
The movement for Steem from over 9$ to 1.4$ is quite a long stretch.
However, few hours ago - STEEM & SBD had quite a big pump.
While it's nothing in comparison to the 9$+ values - the change from 1.5$ to 2.1$ as of right now - is a 41% increase.
But the more interesting phenomenom for me is the way that SBD has been pushed higher and is hanging at 2.68$ as of right now.
This means that the value of SBD TO STEEM is at around 0.8 - which gives you more STEEM for 1 SBD than few hours ago.
For me, this shows exactly what I've expected - the potential for SBD is no-where near reached and the chance is high for SBD to go into another bull-run; and hopefully a very much increased value ratio from SBD to STEEM.
Now, since I'm not Nostradamus, I can't tell you when this happens or how high the ratio will go.
The only thing I wanted to bring attention to with this post is the following:
When SBD had its previous run in December / early January and you could get over 7 STEEM for 1 SBD - there were people who waited patiently for this day.
People who had the patience to accumulate SBD and then sell it for STEEM at the peak, because they knew that STEEM's price would also rise in the future.
And those people maybe also sold a bunch when STEEM was at 9$ - who knows ...
However, what would you do if the chance for another SBD run was there - somewhere in the near future?
Are you patient enough?
