For the last 4 years the BTC price recovered around the Chinese new year and it seems this year it's not an exception for now.
I'm not sure if we can talk of a pattern yet after just 4 years but BTC sure is looking nice around $10800.
Weiss Rating
The new Weiss Rating report came out this week. STEEM is still a B- and three new crypto's have found there way into the B category. Two new, one old one.
LISK, DECRED and EOS are now B-
About 3-4 pages are dedicated to STEEM and why it gets such a good rating.
Since so many cryptocurrencies currently get “C”s and “D”s right now, there’s a big focus on Steem. That’s because it is one of the few on our list that gets a good rating.
Readers ask why Steem stands out from the crowd.
I talk about it more in my vlog.
Power down Statistics - 17-02-2018
The steemit account has stopped powering down for now and that means that the amount of STEEM powered down next week will be 82% less compared to this week.
I'm putting this screenshot here so I can reference to it in the upcoming weeks.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
so you want the steem price to go up so you can make more money. Got it! And now your off to eat some animal flesh. GREAT!
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Bitcoin seriously needs to get upgraded otherwise ethereum is always going to win .. Bitcoin is slow and takes hell lot of time to do things on it
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Bitcoin crashes, everything crashes, including steemit.
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yah.. you are right.
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Funny you good in cracking joke
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The Bitcoin value fell as low as $6000 recently , many predicted the demise of Bitcoin . Be that as it may, Bitcoin is back above $10,000 and continues moving upwards. There was a considerable measure of FUD about goings on in South Korea, which ended up being a false caution with respect to a potential boycott. Essentially, in India, there was standard error of a spending discourse. Now we can expect things to be back to bullish and celebrate Happy Chinese New Year!
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I hope the trend will continue. I still want to see a little more before I changed my investment tactic. (I'm not buying atm).
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It should continue hopefully!
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i doubt that to be honest, we will see one more crash before we really start to go up in overall market cap, keep some fiat ready just in case ;)
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you are absolutely right.
go ahead.
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I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
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Crypto currency is just geting started .
We all should just believe that because with steemit every one shall rise again
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You have my vote like always 😍
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It is definitely a good news that people are not powering down and one possible reason could be increase in the price of bitcoin so now they now it is more profitable and in future they can make a lot of money as compared to now.
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Where can I see the Weiss Ratings for Steem? I cannot find them.
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Very Informative, Thank you
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I heard people saying it would fall as low as 2K encore going up . I’m glad to see that it only touched around 6K before rising up. Now with the band being taken off , it’s finally showing signs of progress .
For Steem , we aren’t gonna be able to afford it soon. Better to switch over sbd to Steem while we can
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Excellent review, my friend and the fact that the STEEM is consistently in a good rating, gives us more confidence and stability! As for Bitcoin, you are right, the price increase begins and I think that Bitcoin should pull up all the coins and the STEEM is not an exception! Thank you Mark.
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@exyle, thanks for this post, it sure made my day.
many has thought bitcoin would never rise again due to the last crash it had and i have some of my friends who started selling their out some of their coin, i told them to hold on for a while as it would recover and true to my words, that has happened.
you said it all right @serkagan, nothing gives me more joy than to see how good steem is doing. This year is sure going to be a great year for the steemians.
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I cant understand what is dtube?
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Go check it out here.
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Ok i will check
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Every year when the Chinese New Year approaches the BTC It has a bearish tendency, this year the bearish imput was superior to other years, here there was a three factors convolution, the Chinese New Year, the prohibition of the criptomoedas in india and the uncertainty in china.
If the Bitcoin keeps the trend of other years, now it does not stop until its next peak, as I said earlier my estimate would be $ 40,000
I wish you an excellent day and enjoy the barbecue
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for me it seems like everyone with a bigger stake in crypto is trying to be a crypto expert now, not sure if that´s enough to give ratings and "influent" people at the moment. especially on youtube people brag that they doubled their investment in one week and spam their affiliate links under their video.--- then stuff like Bitconnect happens and
inexperienced people get scammed.
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The Weiss Rating Agency seems to be pretty serious in their assessments (https://investorresources.weissratings.com/) of cryptocurrencies.
I think it's a decent guide to find good projects on the blockchain. But as usual one should always do their own research and should know what they are investing in before doing so.
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It's great that bitcoin has found it's bullish ways again. It was about time since the dip lasted a little bit longer than others were expecting and the FUD seemed to kept coming. I think for new we will start to build up moment, with a little bit of sideways movement, before ramping up significantly in March.
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I'm also not 100% convinced yet. I'm waiting at the moment.
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Weiss Rating is very important and stuff...
But not as important as grilling the meat!!
Waiting for the results (Even if you scorch it into the charcoal by an accident) :d
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The Weiss rating report actually sounds really good and from what I've heard so far I've agreed with their judgements. The only thing putting me off is the price, would you say it's worth it?
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Can't say yet if it's worth it after only 3 weeks. I can answer this better in 3 months. I became a member because I want to talk about the report and have a 'legal' source to quote from.
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Your vlogs have become a fixed part of my days and that is something very unusual, because normally I don't watch people every day, because I get bored easily. 😉
Not in your case - there are always highlights in them - not necessarily because there are many "new" things for me, but because I love your general view on things and on the STEEM blockchain. Enjoy your BBQ and I'm looking forward to your evening post with lots of tasty meat! 😀
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Thank you so much! And the meat has been on the grill for an hour already!
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@atmosblack, you can say that again, i also take out time to feed on @exyle content, its sure a good place to feed, i have some of my friends who also come over to your blog to glean from your wisdom.
Keep it up!
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steemit is the way forward
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Excellent video friend and it's great to see steem is continuously holding it's place weiss rating and that's great sign indeed and it also shows how promising steem is and i hope steem will gain more heights in very near future and i agree Chinese new year came to end and i hope now Chinese investors will put money back in bitcoin and this is beneficial for whole crypto space, thanks for sharing your nice thoughts and information with us friend, Stay blessed
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@exyle, where is this screenshot from?
I'd really like to know so I can check it out.
Thanks
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There's a lot of cool stuff if you spend some time on steemdb.com This particular screenshot comes from: https://steemdb.com/labs/powerdown
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Thank you!
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Nice post @exyle Looks like the Chinese new year is very lucky for us ... ^^Happy New Year ❤️
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I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
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Great to see that weiss report. It's truly comforting to hear steemit is in a top 5 of such an institute! And I ahven't even thought about the dynamics of more people powering up or more people powering down.
Thats a great way to evaluate the status of steem. Isn't their a graph of it over time. Where you can see how much steem their is compared to the steempower?
Bedankt voor de upate ;)
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If this is a pattern than we can expect amazing year. I was taking this ratings whit grain of salt, but now it seems that they have a lot of credibility. Steem is the place to be. My prediction is $20 at the end of the year.
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Oh! Cool stats. I am powering up the meagre amt that I make every day. :)
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Thanks you for keeping us updated on time,, steemit is a life changer
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Appreciate all you do!
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amazing post-Happy New Year greetings to all of you, we shared with them
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good vedio..thanks.for.sharing..
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dtube is the best thanks for sharing video
keep it up I wish you all the best enjoy your life have a nice day
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nice video good work thank alot for sharing video i follow you
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You are right dear it shows that the market in now stable and people are now touch higher level. They know that now market will only go upward.
Even steem break its record. I too feel positive. After lost almost 80%. I am hoping for best.
I am holding my crypto strong and soon buy steem. @exyle
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It so valuable post for us. thanks for sharing.
dtube is a great plartform.
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vote me back sir :)
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Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.
Your Reputation Could be a Tasty Snack with the Wrong Comment!
Thank You! ⚜
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This is some hope for those who were losing hope in crypto. Some have probably deserted their steem accounts, frustrated by the returns they got in January.
For those, it's time to pick up their writing materials again and put on their thinking caps.
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You are saying right. Maybe this year btc not an exception for now .
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I greeted you and Happy New Year with you
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wow,,,,, nice
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in this increasingly sophisticated era, the number of new inventions developed and created by the experts, it is unlikely that an invention will compete from more sophisticated and profitable inventions.
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Nice post @exyle
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Great post @exyle , minds are confident
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please follow me huh?
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I don't understand sbd and how the inflation rate changes. Will steemit be able to scale up?
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think you're on to something here - i've been doing research on this
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Wow !!❤❤thats a great story of d tube!thanks for your post!great videos!!💝💝💝💝
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seems like the China is the superman for cryptocurrency.............go right ahead bro. Ugat this!
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Thanks for the update....is there is any reason for the stop in powering down?
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I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
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Great post and loking so good Bitcoin rate today
Each person most profitable buy in 6000$
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Nice Video And Follow You.
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Great...analysis...i must resteem and upvote it..
to know all...
thank you for your hard working and u wish best luck
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I am a total newbie here at the steemit and I want to refer to your great insight in the field. thank you.
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Thanks for your videos @exyle. I enjoy them. Being B is good so it can still be A in the future. But based in the past with rating agencies in general, being A doesn't guarantee anything 100%. In fact it would be worrying. It could crash 95% again being A or any letter. But for the long run I see it always rising again in cycles if it happens. Have a good weekend!
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Nice one dear. Please i need your help in my post https://steemit.com/relationship/@promise75/female-behaviours-men-can-t-resist
Please upvote, thanks.
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Nice @exyle follow @ajaa23 share steemit
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Leaving comments asking for votes, follows, or other self promotional messages could be seen as spam.
Your Reputation Could be a Tasty Snack with the Wrong Comment!
Thank You! ⚜
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Maybe steem will manage to be the first to get an A rating. That will certainly be huge in term of publicity
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Thanks for the brief information.
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You are a wonderful vlogger and STEEMIAN. I want to adopt your style and class.
If you were a teacher I would be your best student.
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wish i have those hands & keep upvoting such as this creative funny post!!
Thanks for sharing this..
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Steem holds its position in the Weiss rankings. That's good news for all of us vested in Steem. This is despite the recent bloodbath and FUD.
The fact that BTC has recovered rather swiftly is also a good harbinger of our growing cryptoeconomy.
Thanks for the regular updates. Nothing to worry for now. Steem on!
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@exyle you are doing a nice job here i do find enough time to make sure i view all your post you are a role model to everyone in steemit and the world of this forum thanks for this post i would carve out time to revirw this one
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Lisk is on the new front end of re-branding that's why steem is forever :)
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wow very nice
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nice post
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less power down's this week this is great when compared now it will be awesome to see where the price will head to that was huge :)
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Mmmmmm I can already taste the chow. Nothing better than having a good time..
I love that staking on the steemit network gives you payouts daily. I haven't found a platform that has those features for investors. Thank you @exyle..
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Hope is rising... im glad
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I'm never powering down. When I get old hopefully Steemit is the "go-to" spot for social networking and my SP is worth Millions.
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in the crypto space and specially about bitcoin the prices have formed a pattern in this time of the year around seems like many people cash out their profits good that we are off to a bull run now :) corrections are always healthy for long term and steem holding its position seems like we can expect much more great things soon :) thanks for sharing the vlog
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Your looking for innocent man
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Thanks for telling us about the Weiss Rating steem looks to be on the dominating side good news coming along with the steem power down stats great it is :)
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It's so informative post @exyle
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I still consider myself a newbie to blockchain technology and cryptocurrency and this post gave me more insight about it. Thanks for this sir! more power!
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Nice plan! Looks like the Chinese new year is very lucky for us :) I am still hoping for the SBD to fly and hit the 8 soon.
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I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
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@exyle I like the fact that we have STEEM and I think that we have huge gains ahead.
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Great video
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Great..Post.
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The first time this week when I saw the 10.000 I was affraid it was only for a couple of hours but it's still above there :)
Seems like a pattern , but 4 years is maybe to soon to say .. We will see in the future
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It has surprisingly given ethereum high rating than Bitcoin .. and calling for the reason that Bitcoin faces serious challenges because of delays and high transaction costs. I think ethereum has been given B rating while as Bitcoin as C :/
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Bitcoin seriously needs to get upgraded otherwise ethereum is always going to win .. Bitcoin is slow and takes hell lot of time to do things on it
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If BtC keeps pumping Steem for sure will add in value. Let’s hope the Chinese New Year brings something great/value to the cryptocurrency world. Weiss might have done a lot of research on the Steem before putting it on the B list, I hope it gets to A haha. I’d like to know how to check Steem power down, any thoughts please.
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steem really stands out from the crowd you explained it nicely in the vlog good to see steem forming new bottom now the prices are looking good for long term
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The positive news from the Weiss Ratings about STEEM will propel the price of the cryptocurrency to new heights.
@taskmaster4450 had predicted that STEEM will go to $100 per token by this year alone. This is very encouraging. Good day to you, exyle! Upvoted!
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📈 remarkable & accomplishment!
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Generic comments could be mistaken for spam.
Tips to avoid being flagged
Thank You! ⚜
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Great video sir, thanks for sharing.
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writing is a good work
a man who is writing are represent his tallent
i like it
carry on
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i need to start learning the time to buy at the right time because it is inflated with news and the festivals and this is not happening once it happens always
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Great post
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Great Idea exyle!
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It is wonderful to get a good post about economics, not many people are dedicated to that. Thanks and greetings from Venezuela.
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the prices are now picking up with the new year as it has come new beginning to the new dawn
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Oh!!
Very good information,
I hope we can have some more success now.
Greetings from Berlin
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We are up there in terms of quality and we are getting recognized by it... STEEM is amazing and Weiss Rating Report is another proff of that.
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to hold the rank too is a great thing steem is really holding greatly and the Chinese new year is filling the market with new happiness :)
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Nice story... Thanks sir for the information.
Upvote
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It is way too early for me to power down with my pathetic amount of Steem power.
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Thanks for sharing i will done upvote I always see your post. And follow you
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So many things occurred in one day thanks for keeping us updated
Nice to see steem doing good at this time around
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You're right men
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awesome plz someone visit my profile and vote my commnet and like and follow me up vote me it! free joke! https://steemit.com/@iamhja
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Crypto markets are looking good this weekend for sure, especially BTC. Steem/SBD kinda lagging in BTC terms, but still rising in fiat terms, and I like to see them remain pretty stable without wild swings. I think BTC might make it near the $12k level and then take abreather while alts catch up.
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first time i visited your post. This is great article. happy to see your content.
I followed you. Good luck for further.
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