📈 SBD to STEEM @ 1.4+ - What's wrong on the internal market? Can you to profit on external exchanges?steemCreated with Sketch.

in #steem7 years ago (edited)

STEEM is trading at over 1.4 SBD internally

steem internal market

Meanwhile on Poloniex


STEEM SBD on poloniex
I'll do the math for you

Yeap! That's 1.216 SBD per STEEM!


Am I wrong, or is there a great profit opportunity?!

No way... I am not sending my SBD to poloniex... I don't trust that place, too many troubling stories about it.

But clearly there's some divergence that I cannot easily explain. Is it really just that too many steemians are trying to get steem to power up and just can't be bothered to go through an exchange?!

What will you make from this?


Will you take your chances and transfer SBD to poloniex?

Why do you think there's such a big divergence?

Are there other exchanges that trade both SBD and STEEM and do they show the same differences?

P.S.: @ropaga pointed out in the comments below that STEEM & SBD deposits and withdrawals are disabled on poloniex right now. This might explain the divergence to a certain extend.

poloniex SBD deposit disabled

Now a new question arises:

Why are deposits and withdrawals disabled? Are they just slow with adapting HF19 or is something fishy going on?


follow @fraenk

...it's free

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Steem and SBD deposit and withdrawals on Poloniex are temporary disabled.

interesting, that explains a lot I guess!

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i dont understand properly...😢

the language or the content?

anything in particular or just the whole thing in general?

u tell me the main topic at shortcutly...tnx

it's about price differences for SBD to STEEM conversion on external exchanges compared to the internal market on steemit.

i will be glad that if u upvote me and tell eassily about this content...and make a good friendship...like u and follow u ..tnx

meh... I should probably rather flag this... but I don't like flags... so I'll just leave it as this.

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