Steem/SBD and AgX evolution - 2018-02-23

[aggroed]

This is the daily AgX chart for today 2018-02-23.
Today's 200 day moving average is 0.92 for a STEEM/SBD ratio of 0.89.

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.

Historically a good time to sell steem for SBD is when the blue line is at the top of the chart, and it's a good time to sell SBD for Steem when the blue line is at the bottom of the chart.

I originaly intended to take this off my wall today, but I'm not planning on moving it Saturday or Sunday to @agx.

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Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)

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Comments

[chireerocks]

Wow, this is something new and interesting to know, because i have heard AGX for first time, if you don't mind can you please highlight, how this rate actually effect original prices. Thanks for sharing. 🙂

Stay Blessed.

[pelvis]

AgX is a good tool..
Nice one

[mousumimou]

Thanks dear discuss about the cyptocurranecy news.i always see your post and follow

[maisha]

dear aggroed your good post... i like your all post... I look forward to every one of your #post..thank you so very much for #sharing..

[mdfahim]

Good blog keep it up @aggroed

[gaintshoulder]

Thanks @aggroed for the regular upadate, still waiting for when SBD would rise to its previous glory. I think that would bring a relief to the market

[febri]

Thank you for the information bang @aggroed

[allesia]

It's the first time I hear about this indicator, the graph is interesting. I'm new in the crypto world and this information is useful. Have a great weekend!

[utpolbiswas]

Great news, nice post, thanks for sharing

[steemibu351]

what do you think how much day steem price will more than steem dollar???????

[zemiatin]

SBD up, SBD down, I'm all in on that steem power anyway!

[penking]

This is a wonderful product of statistical analysis. The curve looks like the parabola in my high school further Mathematics. It might have really taken a lot of time and effort to come up with this. This is a tool we SBD/STEEM traders cannot do without.
Blessings to you @stoodkev and @aggroed for constantly working hard to add value to this platform instead of being out to rape the reward pool like others.

[ivanlager]

#resteemed @aggroed

[allmywordsforu]

Thank for sharing this i really like Agx we see small drop today but im sure it's will raise up in the next few days

[kriptonoob]

Hmmm... Not sure what to think about this one, but thanks for the info ;)

[cwen]

Pls can you drop links for the AgX app ? Or how do we get to use it?

[tehshizno]

What happened arount decemeber? Why was there such a huge drop? Do the labels along the X axis mark the end of the month and that was just the january crash?

[kubbyelizabeth]

Or instead of selling or buying just holding for a little while longer.

[ledysuheri]

Very interesting post @aggroed...
Already upvote..
Visit my block @aggroed

[lances]

Really appreciate your work getting this in place. Now to create a mobile app that tracks it and enables trades on the fly :)

[andrewyou]

帖子很不错，很有营养

[syednur47]

very good dear @aggroed....

[rinki]

Good to know all these information. Thank you!

[mindreader]

Never heard about AgX before,but it's always nice to learn something new.

[anabellaelvir]

Thanks for this.. still praying that sbd rise up again🙏🙏 I’m following you and upvoted this post. Please if you have time go check my blog... regards from Venezuela