STEEM and much of the the alt-coin markets were very disappointing over the last couple of days. Aside from Bitcoin Cash, which made a ludicrous rise, the rest of the market has been on a little slide.
STEEM was one of the the hardest hit coins by dropping almost 30% in a couple of days. It is coming back with a vengeance today. Already up almost 30% today alone.
STEEM isn't alone. Everything from OMG to Civic to IOTA to Bitshares is up. Dash is having a little pullback after jumping up a huge amount yesterday.
The past few days have been an incredible buying opportunity. I picked up a few extra shares of ANT and a little Ethereum. I missed the dollar STEEM, but I am still converting almost all my SBD to SP regardless.
This is such an exciting time to by in crypto and for the people holding long-term, it's just another day. But for those of us that dabble in day trading and short-term holds, today is a day we needed.
How are you holdings doing right now? Let me know in the comments below.
To my followers, you keep me in the green.
Really happy for steem price.
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It's has settled down at 1.47, but I feel like it will still go up some. I'm just some guy on the Internet, so who really knows?
It was great to see!
Yes it was!!!! Up since I wrote this. yay
it's has passed $1.50. Happy days
It's been a good day. These swings are nuts, but hey... that's crypto
The more i learn the more confused i become. Lol
Steem and SBD seems to have been more stable due to the fact that the trading seems to be moving away from Poloniex, which is very good :)
Even my favorite of favorite coins had a very nice bump today on the market.
Gridcoin +18% :D
You always make good points and have good insight. I do want to know more about gridcoin. Why do you like it so much? You've peaked my interest because I value your opinion.
Where to start :D
Gridcoin is a very interesting coin because it rewards computation done on the BOINC platform. The BOINC platform is a program for distributed work that has been around for 15 years this year, and lets anyone in need for computational power to start a project and hand out work units to users.
Before Gridcoin came, this process was purely voluntary and gave no reward in return. Many people run BOINC because of the many humanitarian aspects of the concept. Many of the projects researches on cure for HIV/AIDS, Cancer and TB (WCG) while others try to make an accurate map of the milkyway (MilkyWay@Home) or search for Aliens (SETI@Home).
Gridcoin rewards equally amongst the people on the Gridcoin BOINC Team, which will soon not be required, for the work done amongst the users that has advertised their BOINC ID on the Gridcoin network.
It's a Proof-of-Stake wallet, which means that the wallets own footprint is minimal while being able to divert resources to the important BOINC platform. The community is passionate about the projects and there is today a large group of volunteer developers in the community helping out with various tasks.
The community has a good presence on Steemit under the #gridcoin tag.
This is why I love Gridcoin so much ❤😎
Always helpful...
...that should be your middle name! Along with many others I really enjoy your articles immensely. They are very informative and beyond price! Your contributions to this social platform are way undervalued.
Well, as of today, the above screen shot shows my standing in the world of BITCOIN and other cryptocurrencies/alt-coins. Just starting out please keep in mind. I am a retired Marine, so don't have a great deal of disposable income. That is why when I buy I HODL! Plan on staying around for the long term.
Respectfully,
@sargento
I am happy to help! I appreciate the kind words. Thank you for your service, I live near Quantico so I have a lot of respect for Marines. Also I'm excited you are starting to invest in crypto and I love the exodus wallet too. Just make sure that your trading fees are not eating too much of your money. I don't have a ton of money either, so I try to limit my trades. Thanks for reading!
I don't see any reason why Steem, and all Cryptos can't soar to some pretty incredible heights!!!! As more and more of the "Unwashed Masses" begin to understand that their fiat money is nothing but a ponzi scheme anyhow.... Crypto-currencies will become more and more attractive for mainstream use. I'm starting a small business of my own, based on "Urban Farming." We hope to start getting it off of the ground next Season. We'll be farming our 1 acre, and are designing a "Produce Stand" that will take up half of our 2 1/2 car garage. We'll definately be accepting Bitcoin, and Steem for our food, we sell.
You got me as a follower. Thanks for reading and replying. I hope your business goes really well. Great idea and I wish you the best of luck. When summer is over, I'll be posting more business stuff that might help. I'm following you to hear more about what you are doing. Thanks again.
Great post.
Thank you.