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RE: Huge STEEM Pump Going On Now On Significant Volume

in #steemit7 years ago

All kinds of strange and wacky things going on in and around STEEM. It's this kind of uncertainty that makes things just a little skittish. I've stated it before, I really don't mind lateral movement, and of course, with an upward trend, but this blowing up SBD on one exchange thing has got me baffled. Obviously someone's trying to make a nice tidy profit off of it, but who would go for it when they can look at the other exchanges and realize it's not systemic? Unless they were very early in with the movers, they'd be at risk at taking a loss if they didn't get out quick enough.

As it is, it seem to be pumping and dumping over and over right now, which is the first I've seen it do in such short periods of time.