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RE: I have a question on the STEEM price?

in #esteem • 5 years ago (edited)

There was a hack on BitHumb and some drama as a result including deposits closed. BitHumb prices are not to be trusted right now. BitHumb is what is causing the prices on CMC and coincap.io to be out of whack.

5 years ago in #esteem by
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     5 years ago 

    Interesting. There seems to be a huge difference. It's almost twice the price today with 75 pc of the trading volume.

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       5 years ago (edited)

      75% volume could easily be (is probably) a lie. Wash trading in order to increase the rank and visibility of exchanges is common. Bithumb hasn't exactly had a stellar reputation recently so I wouldn't put it past them.

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