CoinMarketCap flirts with Steem Dollars and re-enable HitBTC trading volume sending average price across exchange over 300%

CoinMarketCap flirts with Steem Dollars and re-enable HitBTC Price/volume sending SBD average price across exchange over 300%

After excluding the Price/Volume from HitBTC when SBD hit a record 189.00USD per coin, CoinMarketCap has re-enable HitBTC price and trading volume sending the average price across exchange for SBD over 300%.

I definitely think the traders at HitBTC made their point, its quite unusual for a pump to go on for 6 days with an impressive order book.

Well I have a little cash on HitBTC that I am willing to lose so I have join the party, I have a sell order 0.0080200 and another pending buy order at 0.002500 right in of massive buy wall. I don't recommend trading, this is high risk and price jumps up and down within minutes.

I am yet to understand the motives of this trader but it appears that they have no problem making some crazy bids to maintain the participants attention. Roughly there is 1300 to 1400 SBD with an average of 5 BTC that can get as high of 65 BTC bidding for roughly 1300 to 1400 SBD.

Probably the objective is not really to make a profit but to maintain trading volume above 100,000 USD to get HitBTC to re-enable the wallets. Its been a chopfest with BTC ranging between 7200-7800 USD with coins folding all over, so this trader isn't missing out. It would surely be tragic for those getting in when he/she is ready to leave, hence the reason, I am trading small and having fun.