Steemit Internal Market Price Change Notification.

As most of you should already know, SBD was pumped massively last night.
The price of SBD went from $0.95 to well over $3 in a matter of seconds. Volume went to the roof and lots of people started trading that for Steem, making Steem price to rise as well (but not as much).

I was lucky enough to be lurking Steemit.Chat and read the warning from some super excited Steemians about the pump. So I went to my Steemit Wallet, and managed to trade my SBD for Steem at a pretty nice rate, earning a bunch of Steem in seconds with no effort nor skills needed.

Once the pump was done (it all lasted a few minutes) I started checking my friends wallets to see if they had noticed it. I was surprised to see that quite a lot of people were not aware of it, missing some juicy and quick profits.

I have not been in Steemit for that long, but in the time I´ve been here I´ve seen SBD being pumped a few times. We all know that there are groups of people that dedicate to that, this is an unregulated market so... its part of the game. I think that letting Steemit users know when this is happening will increase the demand for Steem, rising its volume and therefore its price.

So... I had an idea. How about having a notification that would pop up whenever there is a big change on the price of Steem or SBD in Steemit internal Market. This would come handy for those who are not checking the price of the Market regularly.

It would be like this: Whenever Steem or SBD price changes a lot (+15% or more) in a short period of time, a notification would pop up letting the user know what is going on. I think that a feature like this will be welcomed by the community since it will help users make a quick buck... and lets be honest who doesn´t like buying cheap Steem (in the case of a SBD pump)

The same applies for the opposite scenario. Let´s say Steem price drops significantly in a short period of time, I would love to know about it to buy some cheap Steem before it goes up in price again. So the notification would also pop up when Steem drops in price quickly (lets say -15% or more).

I think a feature like this would help increase Steem volume, which is always a good thing. Also, would help users make quick Steem profits, and happy Steemians means better user retention ratio.

Thanks a lot for reading my contribution, I hope this helps. Also, I am VERY open to criticism and suggestions. Please comment yours!

---

Posted on Utopian.io - Rewarding Open Source Contributors

---