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RE: Regarding the crash in BTC yesterday, did somebody know something?

in #bitcoin • 7 years ago

There are so many weird things that happen in the crypto world. Like STEEM Dollars spiking to over $2. Was that a semi retarded whale who didn't know the difference between STEEM and Steem Dollars or what? And now it has stayed well above $1.

sometimes I feel like we can't predict we just have to react to the madness.

7 years ago in #bitcoin by
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     7 years ago (edited)

    I think that spike in SBD was due to Upbit adding both Steem and SBD to their exchange. My guess is that since SBD has a smaller float, it popped the price more when they filled their inventory coffers than it did for steem. Regarding the many other times SBD popped... I have no idea :)

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     7 years ago 

    That right there got me cracked up :D thank you

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