SBD and Steem almost to parity!

in #sbd6 years ago

Well coinmarketcap.com is giving some strange price feed with SBD. As of now 1 SBD is worth about 0.93 Steem based on coinmarketcap.com. However no exchanges currently have the coin traded at that price. Not even on coinmarketcap.com

To have more confirmation the price is inaccurate even on steemit the "currency market" still has 1 SBD worth about 0.70 Steem so clearly there is no parity happening.

Maybe for a few hours someone or some group was trying to boost SBD for the sake of exchanging for more Steem. Not sure what is going on but price manipulation is not necessary working anymore when it comes to SBD.

What is your take on this?

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I asked about this earlier, the price on hitbtc is 10 dollars, but the wallet is down, so no one outside can trade, or something

Yes thanks for the info.

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