Steem is moving around erratically over the last hour and the day chart looks like what is shown below. I wonder what is going on with Steem, since ETH and BTC are not behaving the same way as it to any degree! Could it be a breakout, a pump, or what? What are your thoughts?
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wow any idea what happen?
I don't know, no, but I think the price action over the rest of the day will tell us what it may have been! If it keeps going up, a whale is probably buying in; if it goes back down, it may have been a pump, or people are taking profits! :)
I sure will keep my eyes on it in the next few hours
STEEM is the future ...
Well it's been about time, steem only fell because of the general crypto market. There was much value that was overlooked during the fall
We would surely get it all back ;)
There's a new hard fork coming up in a couple of hours, perhaps that's the reason 😵
Nevertheless I hope it's a positive sign, heard the new hard fork would reduce delegation return delay to 5day as opposed to 7
I've always told people that steem is currently underrated, hopefully a positive correction is on the way!
It's nice sign I've seen.
Steem will be moon...
I noticed it as well, definitely a good sign
We will see momentum, once we cross and sustain above $1.
Soon steem to the moon, though btc and eth have to come up as well
😎 and here was I thinking I still had more than enough time to buy more steem. Guess ama be needing more steem than before
That's positive movement. Steem being our future surely.
Good news, now it looks like steem gonna stable.
Probably, they finish typing Steem. And the rate will start to grow. Somewhere wrote that the crypto-currencies since October 18 should grow.
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Can you please describe how this is exciting? I want to understand why. I'm new to crypto world and i don't know much other than basis.
Thank you,
Sugam!
Jajaja just read the chart @sugamadhiakri, how you can't feel excited when you see a rise like that in a day?. Regards
So that's a good news, eh? Haha thanks mate. :D
Well, as a trader it is exciting to me because it makes me wonder about if this is a breakout or a pump prior to a crash? It is also exciting because crypto has remained fairly stagnant today and Steem is standing out from the crowd as something that is moving. It could also mean that a whale is investing a lot in Steem. Most importantly it means that Steem is getting some kind of attention today, so I'm excited to find out what kind of attention that is. :)
Correct me if i'm wrong but is it that steem will be worth more dollars?
Yes, correct, if this is a breakout upward, then Steem will be worth more USD. It has gone from about $0.90 USD to $1.12 USD in the last hour-ish, so already about a 25% increase! :)
Just seeing this, did it also happen to SBD:)