Holy cow that STEEM Price and SBD/STEEM Ratio!

in #cannabis7 years ago

Wow, we exploded today even while everything else was going down, moving up to a high around $4.30. Steems still holding solid around $4. I'm surprised SBD fell so far behind. The SBD/STEEM ratio is over 1.15 right now. The ratio tends to favor SBD, I think because there is so much more STEEM in circulation.

The general market was not looking good today, dipping fiercely. The way this dip plays out will be very indicative of whether we're in a new bull market, or more of a sideways market. It would be bullish to finish the week at these levels or above, but to go lower would make me question things and take a look closer. Lets see how it plays out.

20180421_143708.jpg

Sort:  

It was certainly a weird day in crypto.

They are all weird!

I would not worry about a little pull back. If you look at steemdown.com a lot more whales are powering down now that the price is over $3. That is why so much steem available.

Steem will be going up in the long run because more people are moving off youtube for Dtube.

Just keep powering up

Cool site, thanks for sharing!

Wish d. Tube would work for me to upload! That would be nice.

You need support please, you will not lose anything in return I will be grateful to you because this will help me as a loser.
Thanks anyway

Huh?

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by rawpride from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

Great post bryce!

Who? I'm Grady

Very informative. Great work. AKA Wade Wilson here. Keep it up.

Thanks bud!