Hey Steemers!
Currently on Bittrex we are seeing $0.89 for 1 SBD - somethings not right here. One should be guaranteed at least $1 for their SBD. I know I will not sell at this price but why are some?
2 potential answers:
- They are panicking and selling for below value
- They have a lot and know something most of us don't :)
Be patient and don't worry!
Safe trading!
buy it up
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Yes, although I'd rather buy Steem nearly $1 for 1 Steem - bargain!
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Everything has been in the RED. Almost all altcoins probably in relation to August 1st and BTC . Agree, it is a buy opportunity. Still, the market can reduce prices even further. Timing is everything but at these prices and August not far, it is a great chance to buy and HODL.
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Agreed buy and hold is the answer!
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It's actually quite simple.
People are dumping for fiat which is more stable than bitcoin which is dropping fast.
Taking a 10% loss on sbd to save 20% on btc seems reasonable
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Could be the case but Bitcoin is still high really, it's only down a few hundred dollars!
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This is only the start. Quite possible it will hit 1800 soon
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I stay on steem for the news but I myself have not checked prices for a while. I'm a long term holder so I'm just taking a nap and waking up around September hoping things are settled. I still believe in crypto and bitcoin for the long term.
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The only rational reason I can figure is they are worried they will lose them somehow, due to the cashout problems or something like Steem "ending". Still doesn't make much sense. Buying opportunity.
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