So I was watching strange activity on the blockchain around 10pm PST. The price of STEEM shot up to $3.66 while SBD shot down, which in it self is strange. There was also issues with the Steem Blockchain shortly there after. Steemit.com was asking for my password when I was already logged in and huge latency when trying to upvote.
Then an hour or so later I saw this:
I jumped in Reddit to see what I can find:
https://www.reddit.com/r/steemit/comments/8er28i/huobi/
I asked someone whats the big deal with Huboi?
Well a 2.4 Billion Dollar Volume BIG DEAL...
I think we are about to see a huge jump in price over the next few days as thousands of new traders get to buy and sell STEEM on this exchange.
I will be keeping an eye on this. @exyle look!
More Info:
https://www.huobipro.com/en-us/assetintro/#steem
https://www.huobipro.com/zh-cn/notice_detail/?id=1393 (click translate)
How huge are we talking here?
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How low did STEEM get? I see its about 1.1 SBD to 1 STEEM right now. Isn't it usually the other way?
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