Steem Dollar at 11 U$ ?

elyaque (70)in #steemit • 7 years ago

Just went on Bittrex to see that SBD is at 11$ !

Bildschirmfoto 2017-12-09 um 10.37.42.png

The strange part is that on other Exchangers it is way lower:

Bildschirmfoto 2017-12-09 um 10.39.39.png

So does that mean if you win 10$ for an article for example you really get 110$ ?

If so, guess I am start to write again :)

Does anyone try to get the SBD on other Exchangers for less and do some Arbitrage?

#steem #news #money #cryptocurrency

7 years ago in #steemit by elyaque (70)

Sort:

fproductions (66) 7 years ago

This difference is because people are not able to withdraw or deposit STEEM or SBD from other exchanges. And Good to see you after so many days.

postpromoter (63) 7 years ago

You got a 5.51% upvote from @postpromoter courtesy of @fproductions!

tamaralovelace (62) 7 years ago

I HOPE you start writing again!!! I have missed your daily posts :D Wooohooo It's good news for Steemit when you come back to post LOL.

dim753 (64) 7 years ago

Good price for SBD i want to know what's behind that price

ender (52) 7 years ago

I noticed the same thing. It's really crazy. I can't figure out why it's so high

hms818 (61) 7 years ago

I tried to purchase SBD at poloniex, since 3 days they did not transfer it to my account.

ender (52) 7 years ago

I figured it out. It’s like ebtc which derives its value from limited supply and the hashing power of ethereum. This is the same except it derives value from usefulness of steem plus limited supply.

whatsup (75) 7 years ago

It has added a huge boost to payouts that is for sure. :)

rizkiandrian (52) 7 years ago

Thanks for share buddy

soulmates (37) 7 years ago

its good post thanks brother

serkagan (65) 7 years ago

Thanks for the great information @elyaque