Korea is Pumping STEEM!
We have seen SBD going to 7USD, STEEM going crazy.. Usually it was starting with KRW fiat pairs and now they are on it again. No idea if other exchanges and prices gonna follow but currently all our people from #kr can sell STEEM at the premium of 4,90-6 USD.
STEEM Markets
Interesting hedge is that on Upbit you can sell for 5USd in BTC yet buy for 1,30 USD of KRW. Such easy arbitrage inside exchange. But Bithumb is killing it... If Binance follows, we are golden here.
SBD Markets
Steem Dollars not following this time.
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Holy shit! this is for real! I actually looked it at before and thought that their trading engine was broken or something and thus the absurd price. I mean I wouldn't have been too far if the mark in my assumption because this is more than thrice the price from other places.
But now I see the volume there as well!
a part of me wants the prices to spike up
but a part of me wants the prices to tank low so I can load up some more before we take off
hopefully smts kill it soon
my sentiments exactly
Agreed!!
steem blockchain technology is the best and steem coin already listed world almost all top exchanges. so steem price must pumped. Korea is Pumping STEEM this is the very positive sing.
I''m surprised that the other non-Korean markets are not following. If I could sell Steem for $6 on a Korean exchange, then buy it back for $1.3 on another exchange, then I would do that all day long (and get rich in the process). Why are no one doing this?
Sometimes the wallets are under maintenance and people can't deposit or withdraw for a certain time. You can't really know this information until you log into both accounts on both exchanges. What is most impressive to me is the inside Upbit arbitrage at that time mentioned by @kingscrown, but again maybe there is some info we are missing that we would have found out about if we would then have been inside this exchange.
Apparently it is not possible to withdraw Steem on Bithump right now. To me it looks similar to the Bytecoin pump a few months ago. link to reddit story about it
I have no idea why price on Binance isn't going up.
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What the hell is wrong in this market
Openly manipulated .
Just like the stock market, metals, oils, natural gas. Every market is manipulated to hell.
Yeahh man ....
By the way, Good to see your research about this
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