STEEM DOLLAR currently 48% overvalued at Poloniex. Trade safe!
Hello,
Steem Dollars SBD are currently traded at 0.0022 Bitcoin
But one Bitcoin is currently worth 673 USD.
So 1 Steem Dollar SBD is currently worth 1.48 USD.
(1 SBD = 673 USD/BTC * 0.0022 BTC/SBD = 1.4806 USD)
Do the math.
Best regards,
holzmichl
They are trying to caught people that are distracted
on coinmarket steem dollars is 12.6 $, and 0.01842360 BTC
but they dont updated with poloniex,
only with bittrex and steem internal market
http://coinmarketcap.com/currencies/steem-dollars/#markets
Always double check prices, and preferably check several exchanges as well.
So maybe time for more arbitrage https://steemit.com/steem/@cryptorune/steem-dollar-poloniex-pump-is-a-arbitrage-goldmine
I did the math: https://steemit.com/steem/@jl777/sbd-at-0025-btc-how-is-this-making-any-sense-i-explain-what-happened-with-the-pricings-today