Steem dollar just shot up 300% on coinmarketcap. What is happenning?
Possible reasons:
- A whale manipulating
- Since the only exchange that the price of Steem Dollars blow up is HitBTC
This is my theory:
HitBTC wants to bring some attention to themself so they buy their own Steem Dollars with their money. More people join HitBTC, more money for them.
I am confident to say HitBTC is a scam exchange because they took half my ETH recently after emails that go nowhere they will not return my ETH.
STAY AWAY from Hitbtc. It is a scam