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RE: I have a question on the STEEM price?
I don’t know what’s up on bitthumb but they’ve always been an outlier they would always have weird spikes I remember they were the reason we saw like SBD at 15 USD
Never really went to research why that is though! Honestly unless it’s a DEX we can’t trust shit thay comes from an exchange api wash trafing and volume fraud seems to be an industry best practice and not an exception.
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They do have 56% of all STEEM trading volume so they can't be too bad. From reading the comments here it's a closed system for Korea which is probably a factor. I'm sure there is a lot of fraud across all the exchanges. Without any regulations people are going to push it where they can. It's only natural.