All altcoins are bleeding now including SBD. Is it good opportunity to invest in Steemit platform.
Did anybody benefited there without investing there. Look like they have too much bots ,paid upvotes and likes and hardly anything for a good content.
So I think only few might able to succeed there without investing.
SBD is probably not going to be worth much more than 1$. Of course you can say it has been worth 14$ in the crazy January crypto market, but SBD is generally considered equivalent to 3rd party debt, not to Steemit equity (Steem).
Aside from that, what other use case would be for SBD to increase its value?
Based from wiki, they have +1million users. Are all users aware about crypto?
If you have that large number of users already, no doubt that SBD has still value.
But, outside steemit, is there any other application for SBD? If not, then, steemit non users will not find it useful for them.