While Bitcoin continues to drop people's jaws in awe, STEEM and SBD price rise are undeniably getting stronger by the day. I am not entirely sure why but I'd like to assume it has something to do with the mother (or father, whichever you prefer) of cryptocurrency, Bitcoin.
There is however a great discrepancy of price when we go to the internal market of Steemit, putting STEEM at a price of 0.329865 per SBD. has there been a surplus of STEEM supply in the internal market?
At any rate, this is the best time to buy STEEM to Power Up and probably hold.
On the other hand, SBD is doing very well at US$5.522 per SBD in Bittrex and those who are holding SBD may get a very nice profit. Will SBD continue to rise and follow BTC trend? I would very love that!
I am so motivated and excited right now with the possibility that STEEM will again become great and @ $10 before the year 2017 ends!
Go Steem!
Good post, is great to see SBD rising!
It is awesome!
Go Steem!
The current price of SBD is a bit crazy. Its supposed to be about 1 dollar where as steem is supposed to be the one that is moving all over the place.
Each time I've pulled SDB out as ETH or BTC I keep ending up with more then I was expecting.
Crazies all over cryptocurrency-land is happening. Could be a Bitcoin-bug or something LOL. I'm also surprised about SBD rising while it should be STEEM. I hope someone can enlighten us on this STEEM/SBD schizophrenia.
My guess is that it's a lot easier to manipulate the price of SBD vs. Steem since there are fewer SBDs than Steem in general.