It might. :) As it is, though, someone seems to be more interested in $10-plus SBD on Hitbtc, which I don't really get. I guess they can't just look at other exchanges and figure out that SBD isn't going for all that much? Funny thing is, STEEM is below the average on Hitbtc, so someone's intentionally trying to do something there. :)
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Yes I agree that is fishy. The deposits are locked, and so it's only the SBD currently on the exchange that is being traded - for as high at 70/80$, crazy!
I'm watching with interest though, it's a funny old game :)
Any practical purpose for doing it? It doesn't seem to be affecting the Steemit's internal exchange any. And why would people go that high on one exchange if everywhere else it's so much lower? This must have been organized. It just doesn't make any sense from the perspective of a veteran crypto investor, does it? Unless you're leading it, I guess.