HIVE is a very unique land of opportunity for a trader. Same can be said about the chain it forked from. We all know how Justin Sun and his marketing and pumps. There are other disturbing things about the business practices of him (some of which I have posted about). His latest trick was to integrate TRX rewards into STEEM Power rewards. These events can create market distortion that can look like click-bait titles.
I have been writing some sensational looking titles about some arbitrage plays with internal markets and STEEM/HIVE-Engine Exchanges. So far this is the greatest of them all.
This Opportunity Lasted Over 24 Hours & Counting
I saw STEEM Trading volume go over 105 million USD (which is higher than its current marketcap by almost 50%). I saw STEEM being sold for under 0.1 SBD. I thought the opportunity wouldn't last for too lang. Yet it has been over 24 hours and the things have gotten better; not worse. The arbitrage opportunity has sustained itself.
These Are Real 254.63% Near Instant Gains
These are real orders happening in a low volume market that has not adjusted along with the high volume markets of the globe. It's a hidden opportunity that you can still exploit. Even under a horrible scenario, you can triple your money investment in a matter of minutes. I repeat that this opportunity has been around for over a day. You just need to have some SBD.
Another Opportunity I Missed Writing About
Things happen in life and I can get busy. I prefer to make detailed articles on things I want to write about. Sometimes it means that my readers sometimes don't get to hear about great opportunities in price differences in the markets like this. You guys are smart. Decide for yourself what these numbers mean in a decentralized exchange where you own your keys and every Tx can be verified and every account audited.
HIVE-Engine
@coingecko
Internal Market
STEEM-Engine
@coingecko
Internal Market
Those were six screenshots taken within the span of few minutes. It was another opportunity for small time traders to make massive gains at very little risk while the opportunity lasted. If you are a whales, these trades won't move the needle much. But for the trader that comes from the developing world; from countries like Venezuela, these little dollar gains with huge percentage gains in a relatively easy to use blockchain environment can be truly a blessing.
Share and Spread The Good News!
Posted Using LeoFinance Beta
