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RE: Steem Dollars SBD up over 300%!

in #steem6 years ago

That is actually normal. It only means the demand for SBD in Hitbtc is higher than the supply hence spiking the price on that particular exchange. Unfortunately only those who had sbd on there can benefit until the market price adjusts itself accordingly.
Lucky bastards! Damn.

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Will the other exchanges revalute the prices?
I mean this doesnt make sense, it should be at least 7$ on other exchanges.

Why pay more then 1.70 ? Why not go to bittrex and buy it? Does not sound normal!!
Obviously it has nothing to do with demand?

because deposits and withdrawals of SBD are not allowed on hit btc

?! that is why you go to bittrex, and pay less, did you even understand my comment....
You can even go via steem here at the internal market and get 1.4 SBD per STEEM and STEEM is listed at many places....

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.029
BTC 57028.16
ETH 2358.36
USDT 1.00
SBD 2.40