As you can see from the screenshot below, SBD is apparently trading for more than $10 on HitBTC. This price is skewing the average price on CMC, making it seem like it's $2.23, whereas the majority of other exchanges are reporting around $1.70.
The volume on HitBTC is very, very low, just $35,000, so I think caution is the best approach about this situation.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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"Please note that deposits are temporarily unavailable due to technical maintenance. Please accept our apologies for the inconvenience." HitBTC
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May be they are attracting Steemians to open account with HitBTC...
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From the snapshot . I see what you’re talking about
Something really fishy . What do you think might be going on cause I don’t understand why
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I think it is a technical issue that hitbtc is experiencing .
Your post is always different i follow your blog everytime , your post is so helpful . I always inspire of your post on my steem work . Thank you for sharing @dragosroua
Keep good work of every time ...
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I think it is a technical issue that Hitbtc is experiencing , because their SBD price is unrealistic and unsustainable.
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Would take your advise and be cautious. Would wait and see how it pans out
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Yep, I was really surprised by the price jump of SBD this morning too at CMC. Thanks for the clarification, I didn't look into it. Any way, this is why a 3.5-day average for the price feed is really good.
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I am sure it is just a decimal error, right?
Or maybe its a future price showing up now?
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Wow. I appreciate the attention you give to the crypto market to get every slight information across to us. This is truly a fishy occurrence. Hope many people see this and take caution.
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Thanks for this. I just published a post 20 minutes ago as I was excited to see the price jump so high so fast, and I was quickly brought back down to earthy by some friendly Steemians who investigated this. At the time a screenshot was taken of the action on Hit BTC, the average was as high as $14.84 for SBD. Yikes!
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EOS is launching today, how could it affect the STEEM?
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Right now SBD is trading at $70 on HITbtc and over $300'000 in volume. I have an account with HITbtc but it is not allowing any deposits or withdrawals of SBD for the last few days. Something fishy is definitely going on.
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It will be interesting to see how this affects the prices today. Thanks for the update!
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What? 10$? It is clearly a bug my friend.
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It does not seem like a bug, but rather a pump.
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But just on hitbtc?
Bittrex showing sbd at 1.73 and coin market value of sbd is 2.3?
Why so much difference?
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The difference is because Coinmarketcap makes an average of all the numbers, and the high number from HitBTC makes the average a lot higher than the real price.
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Yes you are right brother.
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But just on hitbtc?
Bittrex showing sbd at 1.73 and coin market value of sbd is 2.3?
Why so much difference?
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Ha market is making a lot of cost then thank you for sharing this news with us is very important news
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Somebody please give me hitbtc account :/
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Absolutely right...... SBD is now on fire.... What a movement...!!!
Now difference of Steem and SBD is 10.. Really amazing..
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To the moon I hope.
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sir.
very nice post
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Thanks for the information you provide, I think you are very wise in your post, happy to follow you @dragosroua
Please support me mr @dragosroua by my upvote and follow me @rajoalam thanks.
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I just went over to the Internal Market to see if that exchange rate was reflected there but nothing happens when I click on the down arrow so, presumably, they've closed it down while this "discrepancy" is going on.
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yeah saw that as i got a notification that sbd went above a certain level hitbtc is always acting strangely i don't trust that exchange
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i found it useful. thanks alot @dragosroua and please support me in the community my rep will build
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