RE: SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

[deedee]

And what closes the loop? Only the owner of the Steemit-Market who takes deposits in BTC, sell STEEM at $3.80... then buys STEEM back at $3.00. So this is by design so owner can charge a 30% exchange fee to n00bs.