This is the daily AgX chart for today 2018-02-09.
Today's AgX factor is 0.96 for a STEEM/SBD ratio of 1.2.
What is AgX?
The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate.
The ratio of Steem to SBD seems to be rising
I made this thing to start figuring out when is a good time to trade Steem for SBD and vice versa. As long as the values are allowed to float then it's important to know when a trade would make sense given price history. There would appear to be room for this ratio to continue to go up.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
Hey @aggroed, are you able to share the link to this chart? I Would really love to look into it further.
Same here, thanks!
I believe this is a great initiative but to be sincere I don't quite get this. Does this show us the ratio of sbd to steem? And if it does, how do we read the chart to find out this ration so as to also know when to trade steem for sbd.
Exactly my question! Thanks! I now only know, that there is something like this AgX, but have no clue, what it tells us....
I believe is the price ration is below the Red AgX line, then it is beneficial to exchange SBD for Steem, that is my assumption at least.
Very helpful tool..that s what i need..Thannks a lot..
I don't get it. Steem:SBD ratio is 1.2, but SBD is pegged against USD, so 1 SBD = 1 USD, Isn't it?
&
1 Steem = 4 USD(appx).
What's happening?
I always wait for your post.
chart shows things going down more and more.
@aggroedit'll go up... just keep faith #steemers.... we cam do this/
days ago sbd price was more than steem .now steem price is more than sbd.what do you think whether sbd can cross the price of steem again?????
yeah it will do bcz new users comes drastically in user they buy sbd for growth
This comment has received a 0.31 % upvote from @booster thanks to: @jassi.
Although I suspected this, the truth is in the numbers. How do we access the AGX?
according to experts sbd will touch 15$ in march..@ aggroed what you say???
In this post, I increase my knowledge about AgX .. thanks for sharing sir... :)
https://steemit.com/steem/@yura81/sbd-will-cost-1usd-sbd-budet-stoit-1usd
ojala y suba mas el steem
@aggroed, I was reading a couple of publications yesterday as regards the price of steem and SBD going as high as $12 in the coming months. And I'm quite optimistic tho.
But @aggroed what do you suggest, do we keep(save) steem or SBD?
I've been quite confused about the choice tho. Hope you can assist? Thanks for sharing this post too. I'm sure some of us finds this information quite useful
I believe its better to keep SBD at the moment.
If/When Steem goes lower than SBD then hold Steem. - Hope this helps.
i believe steem and its future. according to technical analysis it seems good.
good
Thanks for this boss sir...nice write up
Oh no... numbers again... today I get flooded by numbers and statistics.... 😂
When would be a good time for the Steem/SBD exchange - what AgX would tell us what exactly?
Thanks!
So guys what do you think? it`s time to exchange SBD for STEEM?
I agree with you @aggroed the ratio is definitely rising, but I think we could see small dip like the one that happened before!
Btw keep making this daily post or weekly at least, it's super informative and I haven´t found anything similar in the entire community.
woi really cool, I hope you can vote me and I invite you to come to me to vote have me!! Awesome upvote?
woi really cool, I hope you can vote me and I invite you to come to me to vote have me!! Awesome upvote?
You got a 10.73% upvote from @postpromoter courtesy of @aggroed!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
So the higher the value of AGX you should trade SBD for Steem and the lower value of AGX the more likely you should Sell your Steem for SBD?
Or am I misunderstanding how it should be used?
thanks for sharing @aggroed