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RE: Does Anyone Know What's Up With SBD?

in #sbd6 years ago (edited)

HitBTC exchange wallets not allowing deposits or withdraws so all SBD on their exchange is locked in. Since you cannot take your SBD in or out, the existing market orders buy and sell to eachother until all orders are filled, in this case, there were more buy orders than sell orders so the price went up. All SBD at this price is locked in the exchange wallets, you can't trade it.
In conclusion, the price is showing higher than actual because one of the exchanges wallets are not working right now.
Really awesome signature at the end, my brain lights up when I read my own name also lol.

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Both Steem and SBD wallets are "in maintenance" mode in HitBTC. And it has been this way for ages.

Thanks for clearing this up @doctorspence

And yes... Our names are pretty awesome 😏

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