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RE: Steem is priced roughly $100 million less than Bitshares, does that make sense?
With all the fear surrounding tether there seems to have been a large influx of money into the BTS economy, especially bitCNY, because of their misguided assumption that the collateral will hold fast in the case of a widespread collapse in crypto prices.
So to me it seems that while they've seen an influx of Chinese investor money we've seen nothing but reduced "excitement" coming from Upbit (Korean money) ever since they got raided.
Just my 0.02 stu.
That actually makes a lot of sense and explains at least some of the price action I have been seeing regarding the two coins. Thanks for sharing.
Good Analysis Sir.