I'd like to ask you something:
on bittrex the BTC-SBD is +/- 0.00045374
on poloniex: 0.00054354
Why such a huge difference at the same moment ?
Recently I read lot of negative comments about Poloniex. I would think there are less orders on Polo than on Bittrex, but I can't tell for sure (am not that expert :)). I trust more on Bittrex (never any issue).
Thanks and take care.
There is always arbitrage between exchanges on all cryptos - steem is not exception. To exploit it you need to exchange thousands of dollars and it's a real pain as delays between currencies hold things up. Avoid doing it at all costs - unless you have a specific arb app for it.
Amass those tokens! After a week of total crash, we are seeing that the artificial (derivative) coins like SBD can actually provide stability to a portfolio. Bitshares at $.20 USD? That looks like a bargain too.
I wanted to trade my SBD for bitshares.... attempted my first transfer of crypto ever, and for some reason openledger has my SBD now and I don't. Been trying to resolve it for 6 days now. I'm going to be plowing all my earned SBD into bitshares, averaging in as bitshares rises to dominance.
I feel like I'm missing something here: bitshares is an amazing platform, and I don't know why it is so inexpensive. Is there something to miss, or should I just scoop it all up and "not be rude" :)
Have they decided to allow the SBD to go "unpegged" forever? I understand the usefulness of it as a USD peg has diminished with tether adoption and the rise of liquid steem.. I can see the graph fundamentals but I suppose I am confused about the purpose of an unbalanced smart contract token (if thats what it is)? What is the SBD exactly at this point? I enjoy your analysis - its usually spot on! Cheers.
Its one of the 7 weird wonders of the crypto world.. But I agree with your chart analysis - just because it doesnt make sense doesnt mean theres not money in it - I may have to scoop some up today!
Do what I do: Keep buying at 10 cent intervals all the way down. Catch all those falling knives Ale. They are quality knives. Not cheap 1 Euro knives from Aldi! :)
Followed your advice :) As you wrote, it seems a bargain :) :) Thanks
Bright blessings.
No problem @dimitrya123 :)
I'd like to ask you something:
on bittrex the BTC-SBD is +/- 0.00045374
on poloniex: 0.00054354
Why such a huge difference at the same moment ?
Recently I read lot of negative comments about Poloniex. I would think there are less orders on Polo than on Bittrex, but I can't tell for sure (am not that expert :)). I trust more on Bittrex (never any issue).
Thanks and take care.
There is always arbitrage between exchanges on all cryptos - steem is not exception. To exploit it you need to exchange thousands of dollars and it's a real pain as delays between currencies hold things up. Avoid doing it at all costs - unless you have a specific arb app for it.
Thank you for your answer. I understand beter now.
I would wait for another 20% drop looking at that graph.
I'm buying at 5 cents intervals all the way down @gnimeets :)
Hmm.. If i were you I would slowly be dumping at 5c interervals until it hit's the floor.
All profit :)
Who says I'm not doing both ;)
I do because you would only be losing on the trade fee?
Thank you great information with high value good work..
My eyes are on the Steemit markets 24-7 my friend :)
Is this very bad?
No Joey, this is a great time to buy cheap SBD ... this offer won't last forever once BTC starts to pick up again.
I think we should then buy BTC now.
Yes! I'm 50/50 right now on BTC / Steem&SBD :)
this is hurting :(
Every crypto is bleeding right now ... on the plus side it's a great chance to hoover up some cheap SBD AND Steem :)
for sure. buy buy! :)
Indeed! ... a great Sunday pursuit for today :)
Dont lose hope it will rise up again any time soon.
AGREED :)
Baja y luego se dispara
:)
Have to agree!
Thanks artedellavita :)
hey thank you for sharing.
I want to trade my SBD to Steem which best exchange site ,that you can recommend now interms of price
i have been using the internal exchane market
Sell SBD for BTC, then buy Steem at Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-SBD
Okay so immediately after buying btc i sholud buy steem. Should i hold on to the btc first.
Your choice. I'm 50/50 on it. So why not do 50/50??
ohk will try 50/50
Seems the sensible option to me my friend :)
ok Thank you
Okay so immediately after buying btc i sholud buy steem. Should i hold on to the btc first.
Amass those tokens! After a week of total crash, we are seeing that the artificial (derivative) coins like SBD can actually provide stability to a portfolio. Bitshares at $.20 USD? That looks like a bargain too.
Bitshares and SBD are at bargain basement prices right now ... be rude not to indulge! :)
I wanted to trade my SBD for bitshares.... attempted my first transfer of crypto ever, and for some reason openledger has my SBD now and I don't. Been trying to resolve it for 6 days now. I'm going to be plowing all my earned SBD into bitshares, averaging in as bitshares rises to dominance.
I feel like I'm missing something here: bitshares is an amazing platform, and I don't know why it is so inexpensive. Is there something to miss, or should I just scoop it all up and "not be rude" :)
I'm 20% Bitshares / 80% Steem/SBD - I feel Steemit has more overall potential.
blood everywhere...
Mop up brother!! :)
It is soon up ... I think next three months and we see steem up 3.10$
I'm gonna say $4 by Xmas-time :)
That's perfectly possible :)
https://steemit.com/steemit/@buckland/i-am-a-crypto-pianist-c-equalizing-2btc-on-112-cryptos
https://steemit.com/money/@rvanstel/i-m-a-billionaire-fiat-currency-vs-precious-metals
Have they decided to allow the SBD to go "unpegged" forever? I understand the usefulness of it as a USD peg has diminished with tether adoption and the rise of liquid steem.. I can see the graph fundamentals but I suppose I am confused about the purpose of an unbalanced smart contract token (if thats what it is)? What is the SBD exactly at this point? I enjoy your analysis - its usually spot on! Cheers.
Good question. I wish I had answer for you on this one - but I don't. It remains as an unpegged token going wild as far as I can see!
Its one of the 7 weird wonders of the crypto world.. But I agree with your chart analysis - just because it doesnt make sense doesnt mean theres not money in it - I may have to scoop some up today!
It's a cheap crypto scoop everywhere right now during the Summer months! Scoop up anything that takes your fancy @rgeddes :)
Steem is long term platform Rome wasn't built in a day. What this means is buy Steem cheap. It will go up soon homies.
Nice chat going on there @nggavin - I like it! Helps with the mood :)
ehm mindhunter. I bought again but I feel nervous and anxious. Is it normal? Mindhunter is courageous minnows best psychologist.
Do what I do: Keep buying at 10 cent intervals all the way down. Catch all those falling knives Ale. They are quality knives. Not cheap 1 Euro knives from Aldi! :)
should I start meditation also?
Candle meditation (Google it!) 20 mins daily :) Helps with the mood.
Thanks @ratul8940 :) Steem on my friend!