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RE: Who is trading the non-market price?

in #steem7 years ago

did you ever get to the bottom of this? i just discoveerd your site (great work btw) and the charts look ridiculous because of all the highs and lows being at 1 and 2 exactly...

it must be part of the steem algorithm to try and regulate the price?

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Hi. No I didn't get to the bottom of this. Should there be such algorithm to regulate the price?

Well i'm not sure that there is - but there might be.

SBD is supposed to be pegged to the USD - so to make such a claim in the whitepaper there would need to be some sort of attempt to deliver on that promise from a technical perspectivev

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