Steem/SBD and AgX evolution - 2018-02-16

in agx •  7 years ago  (edited)



This is the daily AgX chart for today 2018-02-16.
Today's 200 Day moving average is 0.94 for a STEEM/SBD ratio of 0.8.

What is AgX?



The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate.

When the blue line is at the top of the graph that's a historically good time to sell steem and buy sbd. When it's at the bottom of the graph that's a good time to sell sbd and buy steem. When the blue line is near the red line or in the middle of the graph it's hard to know what to do.

I'm going to move this off my wall in a week or so and put it on @agx.


Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
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But nowadays btc ans sbd occur as related things

So it’s not a good time to exchange SBD for Steem, although the line seems to be dropping so we may be heading that way!

very informative,I'm looking forward to our next post

amazing post my steemit frinend@aggroed shearing thank you

Thanks for the information, it has increased immensely my knowledge of steem

So sbd surged because bitcoin was going up?

thanks for the information sir..☺

@aggroed thank you for this post and your one upvote can change my life please give me support.

what is the link for AgX?

So according to AgX it’s good to exchange sbd for steem right now?

I have been exchanging them everytime the sbd is higher than steem. But I think eventually this will no longer be possible.

Ps:how did you use 6 tags?

It's really interesting and helpful way to keep ourselves up to date the trends of markets relative to SBD.
I urge all my fellows to vote for witness @aggroed.

Thanks dear discuss about cyptocurrancy grap..

My brain isn't working today. I assume the higher the Steem/sbd ratio..the better the time to exchange?

@agroed trust me this will help most of us here, thanks for simplifying things,i need to vote you as my witness today

thank you for sharing this

Nice post. Thanks for sharing. Upvote me please... @aggroed

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excellent post ..loving to your blog.thanks for sharing..

thanks for sharing

good analysis..

I never knew when to sell or buy steem. This kinda cleared my doubt. Thank you. :)

Very informative post.This will help to track the price of SBD=USD.@upvoted

Extraordinary cryptocurrency news

a very useful post worth knowing what else a steemit player like me @aggroed

I Like It

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not to bad

awosome I am new here please upvote me plz plz plz

Very informative. Thanks for sharing?well the blue line better stays above the graph cuz this ........ i dont know.

I like your post, if there is a chance visit my blog

I like your post, if there is a chance visit my blog

a very useful post. greeting steemit
@suheri91

Excellent information, nice post, thanks for sharing

Vote and follow me

  ·  7 years ago (edited)

As you explain,this means it's time for selling steem to SBD because Showing the chart, blue line are on top. It's similar to the previous post which you posted.
Thanks sir @aggroed for sharing this article as you do always...

I have followed and upvote you as my witness. I support all your programs. Thank You @aggroed