I'm stuck at trading SBD in poloniex
hoping the whale brought SBD continue to rise

The reason why you got no liquidity reward points, is that you have been a big TAKER. Remember the 15K Steem you've taken from my walls? Please learn the rules before complain. (I am not saying current rules are good or working as expected, but are effective in fact)

//Edit:
By the way I flagged your post as you expected. Too many negative words and guesses, doesn't worth high payout IMHO.

//Edit2:
You keep saying that I got all the rewards. I'd admit that I got a big part due to participated early. But what you don't know is that more and more people got rewarded recently, but of course, you're not one of them so far. Some of them listed below (the full list will be published later, when ready).
```
block #2980800 liquidity reward: creator
block #3026400 liquidity reward: complexring
block #3046800 liquidity reward: complexring
block #3122400 liquidity reward: saturday
block #3100800 liquidity reward: xeldal
block #3205200 liquidity reward: saturday
block #3206400 liquidity reward: james-show
block #3207600 liquidity reward: smooth-a
block #3240000 liquidity reward: xeldal
block #3241200 liquidity reward: nirvana
block #3242400 liquidity reward: hopeless
block #3243600 liquidity reward: steempower
block #3246000 liquidity reward: cryptogee
block #3247200 liquidity reward: tinfoilfedora
block #3248400 liquidity reward: steemit200
block #3249600 liquidity reward: chitty
block #3250800 liquidity reward: nirvana
block #3283200 liquidity reward: thebeatles
block #3309600 liquidity reward: zztop
block #3313200 liquidity reward: theguesswho
block #3318000 liquidity reward: xeldal
block #3320400 liquidity reward: thewho
block #3321600 liquidity reward: nirvana
block #3326400 liquidity reward: zztop
block #3336000 liquidity reward: hopeless
```

The reward, and my bounty, are for the ones who have been proven to be contributing. For my bounty, if you want it, I reserve the right to judge you.

Thank you for explain in a easy way what is happening with SBD, you are actually  my crypto coin reference economist

Re: The Steem Dollar Polo Pump: There is still a lot of confusion about over what exactly Steem, Steem Power, and Steem dollars are. It would be really nice if this site actually explained the difference in a prominent place.  The originator of the pump might know the difference between all 3, but it would not shock me if people buying into it have no clue. 
My latest Steemit post: https://steemit.com/steemit/@bitcoinmeister/steemit-users-need-to-break-their-coinmarketcap-price-checking-addiction-and-work-more-on-marketing-steemit-to-the-masses

I learned quickly that if you piss  a whale off, you can expect to never receive an upvote from them going forward, it's lame your getting downvoted though.  Btw, I think your one of the coolest guys in Crypto jl777

That was a juicy post and a LOT to chew on for me. Thanks for the sharing, namaste   :)

Great article and although it took a while for me to research and understand, it is a major problem for this platform (which you say is being addressed). The difference between your article and mine https://steemit.com/steemit/@ghostyeti/steem-dollars-going-nuts-on-poloniex-greed-fear-cycle-in-effect-for-steem shows the difference between a professional trader compared to those people like myself so trade part time, often as a third of fourth revenue stream/job. 

"Not so crazy after all "... Is still disagree. It is crazy. Completely crazy and when there is money to be made,  it unexpectedly brings out these market conditions where the vast majority get eaten alive. 

The only solution is for the average punter to not engage in high risk trading but it's fair to say there will always be fuel for the fire. 

Following your Steem progress with intrigue, please keep up the good work.

Now on the internal market it makes no frigging sense why the internal market is at such a ridiculous price.  But markets aren't rational or participants don't have perfect information.

Still, I think Steem Dollars should be at a premium to USD.

Great post! Upvoted :D

The the arbi between our native internal exchange and the other exchange represented the 150% or even more premium on the SBD.

For those of you who are interested in market making please join us on the chat at #market-making channel on slack.

https://steemit.com/steemit/@jl777/automated-market-maker-deployed

Well written, can tell you understand what it is you're talking about.
Been trying to learn all i can about this and this did help.

up!

Great post and information, glad that you tell it so easy to understand.
Keep up the good work mate :)

-Regards

I think part of the problem is that the liquidity reward is paid in STEEM. In order to trade on both sides of the spread, abit needs SBD, so he has to sell.

Don't you mean implied *Steem price?

Anyway, Wow. I guess I was naive to assume ignorance. There are some suprisingly sharp traders.

Still seems to me that the layman can arbitrage these differences to his advantage with relatively low risk.

Especially if he uses the APIs provided by these exchanges.