Time to celebrate or not?
With so much infighting going on - on steemit, I thought I would do a good news post, everyone has all the negative stuff covered anyway.
Steem Dollar seems to bucking the cryto market downturn, and setting off on its own to the moon.
steemdollars
SBD
£ 2.6699393 +78.74 % £ 2.8776787 £ 1.4831974 £ 815,624 4,639,468
I know a certain crypto (self proclaimed) lord on here just cashed out a massive amount of sbd, could this have anything to do with this? I have no idea, every time I think I understand the crypto market it does the exact opposite to what I was expecting, hence me not being a crypto guru on here.
Now if only steem would make the same gains, then we really would be heading to the moon, both need to break free of btc up and down cycles for me to be thinking moon, with this in mind, lets have a moon or more.
Just a quick feel good post.
Deliberators verdict = Break out steem, fly free up high with sbd, don't be a do-do, be that eagle and soar.
Have a superb week, and please leave your thought below.
Images courtesy of pixabay
Like most currencies cryptos and otherwise, Steem is subject to the vagaries of the market, of speculation, of fear and hope and expectations, and our own emotions are yoyoing in synch with it.
If it goes to the moon we can dance all the way to the bank, if it bounces back down to earth I’ll be happy with the stability and the solidity that come with a healthy alternative economy.
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Superb sentiments that I share, as steemit is not my ATM anyway, so to be fair, it matters not to me. It is nice to see high rewards either way, as it makes us all feel better. :-)
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I don't understand why steem just follows along with bitcoin, steem should be doing its own thing by now. SBD hit over $30 on hitbtc today but did not move much on other exchanges.
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Something is a foot my friend, a little market manipulation if you like, for want of better words.
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I think your right mate.
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Oh damn, did I sleep through a pump & dump?
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It would certainly seem that way. :-)
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A definite pump and dump, but you couldn't take advantage of it in the 'internal' market at the time...Attempting to trade sbd for steem in order to power up at a better rate was futile. ????? Sucks.
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Dude it just hit $17 https://www.worldcoinindex.com/coin/steemdollars
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