HitBTC doesn't let anyone deposit or withdraw SBD. However much they have is all they have. So it's got it's own microcosm. And since coinmarketcap uses them as a price reference, it throws everything else off.
Thats pretty strange they would not bother to get it together. If theyre not trading it though, its probably not of much importance to them. Hopefully it could pull the rest of the market up, maybe?
Steepshot
It's because of HitBTC being stupid. No other exchange is trading near that high.
Well... pne day.
Could it drive the price up elsewhere but people wanting to trade sbd? Is someone intentionally doing it?
HitBTC doesn't let anyone deposit or withdraw SBD. However much they have is all they have. So it's got it's own microcosm. And since coinmarketcap uses them as a price reference, it throws everything else off.
How does that even work? Why would they not be open to trading it?
It is my understanding that their api call to connect to the steem blockchain is deprecated and they cba to update it.
Thats pretty strange they would not bother to get it together. If theyre not trading it though, its probably not of much importance to them. Hopefully it could pull the rest of the market up, maybe?
Doubt it. Everyone else is treating it as businesses as usual.
Nobody wants to lose money for sure.