Not the usual Saturday evening activity for me, to check out the crypto prices, but this time something stood up. As you can see, STEEM gained more 2k satoshis in less than an hour, and is now trading significantly over the opening value:
What's even more interesting than that is, for once, the surge in STEEM price is not driven by an SBD pump. Even if SBD followed through with STEEM, for a while, it's clear that it wasn't the change driver this time.
My personal opinion is that a big buyer just entered STEEM. I don't expect the price level to hold, but even if it's just one big buyer entering STEEM, I find this rather encouraging.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Glad to see that others see this as an opportunity to profit! There is value here for those willing to take the plunge.
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Exactly, Successful people always saw the opportunity even though it's price is low.
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Finally, some good news!
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I am so happy my friend, Best news of the day.
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Hopefully it will continue for a while yet , thanks mike
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That is good news. i also noticed that the steem-sbd ratio was at almost 1.10 and now its at 1.20. Next days will be interesting ;)
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oh yeah, it suddenly jumps, i think big investment has come into steem. I also pushing sbd too
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One big investor usually leads to another. If that's the case, it's a great sign
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I had the same feeling after I kept looking at Steem market for almost 2 hours. Let's hope for the best.
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I am not analyst but from what I understnd is that when the volume supports the rise that can be a major signal for a genuine buy in and not a PnD
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Guess we'll see how much dry powder is waiting for the bottom.
If I wasn't already all in, I'd be taking this as a sign and pulling the trigger.
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Hopefully, it will continue like this.
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I noticed it too... No matter how long or short it lasts, it's an encouraging sign about the future of steem
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Seems like korean whales are pumping it up on bithumb :D
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I saw this earlier today and I had to do a double take. It was up from the day before to something in the $1.30 range and then I glance up and it's gone past $2.60! I thought, "Dang Hitbtc!" Then I looked at the index and saw it was all over the board on the exchanges, but that it was highest on high volume at Bithumb.
That's a pretty big buyer. Most be some kind of fund, don't you think?
All I know is the graph I'm looking at flatlines until about 7 PM UTC, and then it shoots straight up and back halfway down like a pulse on a heart monitor. The rest of it is looking rather arrhythmic. :)
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Hi,
Good to see that pump up with big buyers coming in. Go Steem and SBD.
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A big credit out to the big buyers that flows in
.... This is a rapid development and a big gain to those who made it up in trials time,it will relatively vax stronger.
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Good inform , thanks for your information . Keep good work of every time .
Thanks for sharing @dragosroua
Upvote you .
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The chance was there for anybody wanting to power up on sp. Close to 1 dollar for the first time in a long time.
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My bet is that traders consider that 20k satoshis to be a key level for Steem, but we still need some other green days to confirm a reversal.
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It's been long time that we didn't see green on the charts. Now, it's time to rise. I hope it will go much higher than this.
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Steem is going to the moon, but not yet:)
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Good news, tipuvote! :)
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This post received 0.54 SBD upvote from @tipU funded by @cardboard | @dragosroua now has a chance to win free @steembasicincome share :) | Voting service | For investors.
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nice to see steem price is pumping up. Let's hope SBD price will also pump up. Thanks for sharing @dragosroua
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