For the last 4 years the BTC price recovered around the Chinese new year and it seems this year it's not an exception for now.
I'm not sure if we can talk of a pattern yet after just 4 years but BTC sure is looking nice around $10800.
Weiss Rating
The new Weiss Rating report came out this week. STEEM is still a B- and three new crypto's have found there way into the B category. Two new, one old one.
LISK, DECRED and EOS are now B-
About 3-4 pages are dedicated to STEEM and why it gets such a good rating.
Since so many cryptocurrencies currently get “C”s and “D”s right now, there’s a big focus on Steem. That’s because it is one of the few on our list that gets a good rating.
Readers ask why Steem stands out from the crowd.
I talk about it more in my vlog.
Power down Statistics - 17-02-2018
The steemit account has stopped powering down for now and that means that the amount of STEEM powered down next week will be 82% less compared to this week.
I'm putting this screenshot here so I can reference to it in the upcoming weeks.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
so you want the steem price to go up so you can make more money. Got it! And now your off to eat some animal flesh. GREAT!
Bitcoin seriously needs to get upgraded otherwise ethereum is always going to win .. Bitcoin is slow and takes hell lot of time to do things on it
Bitcoin crashes, everything crashes, including steemit.
yah.. you are right.
Funny you good in cracking joke
The Bitcoin value fell as low as $6000 recently , many predicted the demise of Bitcoin . Be that as it may, Bitcoin is back above $10,000 and continues moving upwards. There was a considerable measure of FUD about goings on in South Korea, which ended up being a false caution with respect to a potential boycott. Essentially, in India, there was standard error of a spending discourse. Now we can expect things to be back to bullish and celebrate Happy Chinese New Year!
I hope the trend will continue. I still want to see a little more before I changed my investment tactic. (I'm not buying atm).
It should continue hopefully!
i doubt that to be honest, we will see one more crash before we really start to go up in overall market cap, keep some fiat ready just in case ;)
you are absolutely right.
go ahead.
I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
Crypto currency is just geting started .
We all should just believe that because with steemit every one shall rise again
You have my vote like always 😍
It is definitely a good news that people are not powering down and one possible reason could be increase in the price of bitcoin so now they now it is more profitable and in future they can make a lot of money as compared to now.
Where can I see the Weiss Ratings for Steem? I cannot find them.
Very Informative, Thank you
I heard people saying it would fall as low as 2K encore going up . I’m glad to see that it only touched around 6K before rising up. Now with the band being taken off , it’s finally showing signs of progress .
For Steem , we aren’t gonna be able to afford it soon. Better to switch over sbd to Steem while we can
Excellent review, my friend and the fact that the STEEM is consistently in a good rating, gives us more confidence and stability! As for Bitcoin, you are right, the price increase begins and I think that Bitcoin should pull up all the coins and the STEEM is not an exception! Thank you Mark.
@exyle, thanks for this post, it sure made my day.
many has thought bitcoin would never rise again due to the last crash it had and i have some of my friends who started selling their out some of their coin, i told them to hold on for a while as it would recover and true to my words, that has happened.
you said it all right @serkagan, nothing gives me more joy than to see how good steem is doing. This year is sure going to be a great year for the steemians.
I cant understand what is dtube?
Go check it out here.
Ok i will check
Every year when the Chinese New Year approaches the BTC It has a bearish tendency, this year the bearish imput was superior to other years, here there was a three factors convolution, the Chinese New Year, the prohibition of the criptomoedas in india and the uncertainty in china.
If the Bitcoin keeps the trend of other years, now it does not stop until its next peak, as I said earlier my estimate would be $ 40,000
I wish you an excellent day and enjoy the barbecue
It's great that bitcoin has found it's bullish ways again. It was about time since the dip lasted a little bit longer than others were expecting and the FUD seemed to kept coming. I think for new we will start to build up moment, with a little bit of sideways movement, before ramping up significantly in March.
I'm also not 100% convinced yet. I'm waiting at the moment.
for me it seems like everyone with a bigger stake in crypto is trying to be a crypto expert now, not sure if that´s enough to give ratings and "influent" people at the moment. especially on youtube people brag that they doubled their investment in one week and spam their affiliate links under their video.--- then stuff like Bitconnect happens and
inexperienced people get scammed.
The Weiss Rating Agency seems to be pretty serious in their assessments (https://investorresources.weissratings.com/) of cryptocurrencies.
I think it's a decent guide to find good projects on the blockchain. But as usual one should always do their own research and should know what they are investing in before doing so.
Weiss Rating is very important and stuff...
But not as important as grilling the meat!!
Waiting for the results (Even if you scorch it into the charcoal by an accident) :d
The Weiss rating report actually sounds really good and from what I've heard so far I've agreed with their judgements. The only thing putting me off is the price, would you say it's worth it?
Can't say yet if it's worth it after only 3 weeks. I can answer this better in 3 months. I became a member because I want to talk about the report and have a 'legal' source to quote from.
Your vlogs have become a fixed part of my days and that is something very unusual, because normally I don't watch people every day, because I get bored easily. 😉
Not in your case - there are always highlights in them - not necessarily because there are many "new" things for me, but because I love your general view on things and on the STEEM blockchain. Enjoy your BBQ and I'm looking forward to your evening post with lots of tasty meat! 😀
Thank you so much! And the meat has been on the grill for an hour already!
@atmosblack, you can say that again, i also take out time to feed on @exyle content, its sure a good place to feed, i have some of my friends who also come over to your blog to glean from your wisdom.
Keep it up!
steemit is the way forward
Excellent video friend and it's great to see steem is continuously holding it's place weiss rating and that's great sign indeed and it also shows how promising steem is and i hope steem will gain more heights in very near future and i agree Chinese new year came to end and i hope now Chinese investors will put money back in bitcoin and this is beneficial for whole crypto space, thanks for sharing your nice thoughts and information with us friend, Stay blessed
@exyle, where is this screenshot from?
I'd really like to know so I can check it out.
Thanks
There's a lot of cool stuff if you spend some time on steemdb.com This particular screenshot comes from: https://steemdb.com/labs/powerdown
Thank you!
Nice post @exyle Looks like the Chinese new year is very lucky for us ... ^^Happy New Year ❤️
I know a Chinese selling and selling 150000 bitcoins in WeChat friends circle, 20 days before the Chinese new year, so bitcoin will fall down to 60 million dollars. If many people praise my articles, I'll show you the map.
Great to see that weiss report. It's truly comforting to hear steemit is in a top 5 of such an institute! And I ahven't even thought about the dynamics of more people powering up or more people powering down.
Thats a great way to evaluate the status of steem. Isn't their a graph of it over time. Where you can see how much steem their is compared to the steempower?
Bedankt voor de upate ;)
If this is a pattern than we can expect amazing year. I was taking this ratings whit grain of salt, but now it seems that they have a lot of credibility. Steem is the place to be. My prediction is $20 at the end of the year.
Oh! Cool stats. I am powering up the meagre amt that I make every day. :)
Thanks you for keeping us updated on time,, steemit is a life changer
Appreciate all you do!
amazing post-Happy New Year greetings to all of you, we shared with them
good vedio..thanks.for.sharing..
dtube is the best thanks for sharing video
keep it up I wish you all the best enjoy your life have a nice day
nice video good work thank alot for sharing video i follow you
You are right dear it shows that the market in now stable and people are now touch higher level. They know that now market will only go upward.
Even steem break its record. I too feel positive. After lost almost 80%. I am hoping for best.
I am holding my crypto strong and soon buy steem. @exyle
It so valuable post for us. thanks for sharing.
dtube is a great plartform.
vote me back sir :)
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This is some hope for those who were losing hope in crypto. Some have probably deserted their steem accounts, frustrated by the returns they got in January.
For those, it's time to pick up their writing materials again and put on their thinking caps.
You are saying right. Maybe this year btc not an exception for now .
I greeted you and Happy New Year with you
wow,,,,, nice
in this increasingly sophisticated era, the number of new inventions developed and created by the experts, it is unlikely that an invention will compete from more sophisticated and profitable inventions.
Nice post @exyle
Great post @exyle , minds are confident
please follow me huh?
I don't understand sbd and how the inflation rate changes. Will steemit be able to scale up?
Great video sir, thanks for sharing.
writing is a good work
a man who is writing are represent his tallent
i like it
carry on
I still consider myself a newbie to blockchain technology and cryptocurrency and this post gave me more insight about it. Thanks for this sir! more power!
Nice story... Thanks sir for the information.
Upvote
Wow !!❤❤thats a great story of d tube!thanks for your post!great videos!!💝💝💝💝
Thanks for the update....is there is any reason for the stop in powering down?
Thanks for the brief information.
You are a wonderful vlogger and STEEMIAN. I want to adopt your style and class.
If you were a teacher I would be your best student.
Thanks for sharing i will done upvote I always see your post. And follow you