The Price of SBD is Quite Interesting (External to Steemit)

in #blog6 years ago

Here's a breakdown of current pricing between the internal market and coinmarketcap (as of 4:24 PM EST // 16:24 EST).

Internal Market:



source

CoinMarketCap:



source

It looks like HitBTC is bloating the value of SBD! I wonder who is buying up all of the SBD out there!?!

Maybe some whale really wanted to get ahold of as many @steemmonsters as they could and gamed the system... @aggroed, who was the biggest buyer of your #steemmonsters this morning?

What do we know about HitBTC?

  • They are based out of Hong Kong
  • They've been around since 2013
  • #6 in Trading Volume over the past 24 hours (SBD at # 107 in rank for total volume)


    source

So what's causing the major price disruption!?!

Sort:  

There was some post about it that:

  • there is no volume
  • hitbtc wallet is locked
  • coinmarketcap data is wrong

Was the hitbtc wallet locked before or after the fluctuation though?

I wonder if there was some sort of hack and it only affected some of the smaller market-cap coins? Or if someone really had a hankering for some Steem Dollars..

It was locked before for some time.

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 71539.00
ETH 3603.23
USDT 1.00
SBD 4.75