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2016-04-03 05:41
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RE: This biggest reason steem prices are falling: The Arbitrage Sabotage Steem-Dollar Teeter-Totter
I think anyone buying at market A is foolish because market B evidently will always have the better price. Market B sellers would also be foolish to continue selling on B when they can get a better price
RE: This biggest reason steem prices are falling: The Arbitrage Sabotage Steem-Dollar Teeter-Totter
It makes no difference whether an arb trader connects the markets in a single order or whether he recycles the same steem over and over. I hope this isn't your point of contention. Any selling he's doing
RE: This biggest reason steem prices are falling: The Arbitrage Sabotage Steem-Dollar Teeter-Totter
The process absolutely works both ways. Arbitrage does not drag the price down or up. Its sole function is to correct inefficiencies in the wider market by tying various markets for the same asset together.
RE: Steemit removed the ability to see who downvoted posts, it seems that this platform is not moving in the direction of decentralization.
Everything is on the blockchain. Steemit.com is just 1 of many interfaces to that blockchain. Steemit can do whatever they want with how they display the data but it will always be completely viewable