RE: SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

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SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

in steem •  8 years ago 

And what closes the loop? Only the owner of the Steemit-Market who takes deposits in BTC, sell STEEM at $3.80... then buys STEEM back at $3.00. So this is by design so owner can charge a 30% exchange fee to n00bs.

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