Hive account@cryptovestor: Can you give some insight in to why there is such a huge disconnect between SBD and the actual STEEM token price? Steemit tends to be confusing since they basically have 3 different currencies, 2 of which (STEEM & SBD) are able to be traded on Steemit and other exchanges, while STEEM power is just a utility currency within the ecosystem.

On their own site they say SBD should be roughly equal to $1 worth of STEEM tokens, but in the last few weeks it has been 2x or even 3x the price of a whole STEEM. In theory if the price of STEEM is $5 you should need to pay 5 SBD for that token, but in reality 1 SBD buys you like 1.5 STEEM.

On that same note I also was under the impression that SBD was meant to be an internal utility token as well that only really has value on the Steemit platform, so why is it even being traded on outside exchanges? If these Korean exchanges weren't pumping SBD so much may they could do more internally to balance those prices out to make sure it makes sense.