Wassup Steemians, A warm welcome to all of you! :)
A short post on Steemit and SBD chart update
First of all I personally want to thank the steemit community for the work they are doing and by landing such a good social platform which attracts new users to explore steemit due to the rewards they offering and more especially how can we forgot DTUBE which will hopefully be one of the top competitors of YouTube in upcoming years If everything goes well.
Here are some stats of what Our Steem community
The Steem Dollars
Forming a Symmetrical triangle
From last few days following the chart of SBD and there are good chances of the chart to follow the same
Below are two cases of charts/possibilities of how SBD price may react in upcoming days.
There are possibilities of SBD following any one of them we need good volume and news to support and break the symmetrical triangle from up if it breaks from down we may see a further dip.
Here's how price has varied in the last 7 days of SBD (Data from Coinmarketcap)
If you are closely observing/ trading SBD coins then we can see the price have almost double in last 7 days!
I have posted some charts and have expectations/assumtions on how SBD may react in the upcoming period. However, No-one can predict the market accurately.
Invest only that part of money which you can afford to loose.
Thankyou,
Please donot forget to Follow me -> @msteemian to get daily updates 
Wonderful news. I want to see both Steem and SBD continue to go up, up, up!
Personally, I'm happy to see SBD on the rise.
Dtube is growing rapidly! I say the triangle breaks upwards!
I am really happy to see SBD performing well as I am holding some when it was at $8.
With more users on Steemit price of SBD will go up for sure. I think that number of 334k users is wrong.I have read that January 2018 was best month ever and that now there is more than 500k users. Thees numbers are still very low and I am sure that Steemit will have more than 100M users in future. Whith 100M users SBD price will be much higher...
Yeah and the rate of growth will increase as friends bring more friends (network effect). but 500k users is extremely good growth if it was just 330k a month or so ago. Do you remember where you read this?
I wonder if it would make more sense to just convert SBD into STEEM and power up immediately. The price of STEEM tends to follow the price of SBD and powering up helps you earn rewards on the platform. Earning rewards may become more difficult as the number of users increases.
You are right. Only thing is that then you can not use your steem if you want to withdraw it immediately otherwise powering up is the best thing.
That way you are supporting the platform and other users and in return community supports you.
yes i bought in at $5 myself im sure as money comes back to market some will make its way to steem and drive up the price soon !
Bittrex may open new users very soon which could really help STEEM and other alts.
Im a noob here but i just posted about it
Oh, don't worry. Just HODl lol. We will see good days.
Yes, that's true but SBD's price will only be higher if witnesses will not control it or bring back to equal to $.
It is my opinion that Digibyte is one of the best crypto currencies and will make a lot of people wealthy as the adoption rate of Bitcoin grows. I'm not going to bore you with a technical analysis of the project, but rather provide my theory as to what the catalyst will be that makes the price of this coin rise in value.
The Digibyte team are geniuses from a technical standpoint. I'm sure if you are reading this you are already aware of the superior asset Digibyte is to other cryptos. The problem lies in marketing. With the adoption rate of the most popular crypto Bitcoin under 2% it is no surprise that very few people know of Digibyte and their nerdy crew. But no worries because Bitcoin is going to save the day.
As the masses become more familiar with Bitcoin and merchants attempt to implement it as a payment choice the faults of Bitcoin will become known on the big stage. I can see the morning news now talking of 10 minute wait times at Starbucks for a Bitcoin confirmation to clear. There will be a desperate search for a faster more secure payment method in the crypto space. And there with their big dicks swinging in the air will be Digibyte to the rescue. It is simply the natural progression of any new technology. Bitcoin is like Motorola and Nokia, but Digibyte will be Apple and Samsung.
I've heard that before.
Recommend me @nasir83, I am free writer. I'm new to steemit and still need to learn from experienced people, if you please follow me and help vote some of my posts, thank you. https://steemit.com/indonesia/@nasir83/level-44-is-full-of-meaning
I have to give it to you, your very optimistic and biased. Don't let your emotions dictate your investments. Because Digibyte is a drop in the bucket with over 2,000 other coins. But I agree that as more people begin to understand the technology behind blockchain, the price of all coins will go up. All I know is that if Bitcoin doesn't implement the Lighting Solution, or SegWit ; Starbucks won't accept it.
I love steemit and am starting to get hooked on it... I really want to start writing content on many different subjects and also would love to make some videos on places where I live so that people that are thinking to visit Australia will see what the south coast of Australia has to offer.. Something I can put on Dtube ,
Hi...All of the steemit members...
hey, Guys i am new member in this community.... i hope make me as your friend as soon as possible
Welcome @purpleoyester
you got a new follower
fine imges
Hi there. I'm also new to the platform. Welcome.
Welcome to steemit I hope you will enjoy Steemit it's such wonderful social media platform
Sure not a problem! :D
wait for it man we will see this SBD at $10 soon because the users are joining this community is huge which will boost the price of SBD for sure.@sifi1an
Hopefully it will be.
Me too! Always great to see a platform that benefits users!!
@suf1an, i couldn't agree less with you. its good to see SBD doing well now, we hope to see further increase in days to come.
네굿
nice imges
What's really funny is that you just said the same thing a few comments ago, only THAT time, your comment was to a girl who was advertising porn.
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I agree with you I think its a bunch of hoop law and how can he get so much money posting this hoop law anyway??? followed you if you would a follow back would be nice...
good
The Father of Giant Panda
In a year people will be begging for $8 SBD haha!
All of us are happy now because of the very good performance of SBD. Currently, bittrex don't accept new applicant. I hope they will accept new user soon.
Everyone seems to prefer a pump in sbd than a pump in steem. Always remember steem price determines how much sbd you would get from a post anyways so lets hope for both to pump hehe
I am really happy to see SBD performing well as I am holding some when it was at $9.
Why yes I agree, this talk of SBD and Steem. yes, Steem price does determines how much SBD you would get from posting in anyways so people lets realize Steem determines SBD so yes lets hope both to pump up hahaha lol!!!
Great topic! This was some interesting info, however I thought there were quite a bit more users (like north of 650,000) and not the 334,000 on your post. The website might be out of date but correct me if I'm wrong because I just kinda thru up a bit in my mouth!! Lol. But, it that user number accurate? Also, I just did a post on a similar topic but touched on it in a slightly different way. I you have some time, check it out and let me know what you think!! Thanks for the post!
https://steemit.com/steem/@brettcalloway/quick-thought-on-sbd-vs-steem
Yea sure man I'll check it!
good imges
There you are again! Is there porn this time??? Naw. Oh well, better luck next time.
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yes you may be right it may be not be updated but we should not relate the numbers here because the people are really attracting to this steemit community we are going to be a huge community ever.
It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great steem financial system.
Incredibly excited to be on this new platform. To the freaking moon and back!
Incredibly excited to have you! I read how you got your username. That's pretty clever. Best of luck!
To the Moon ;) ha!
glad to be apart of the steemit community
hope that Steem will go to moon!
Do you know why SBD is going past its 1 USD peg and even surpassing Steem in price?
Steem to the moon
This comment has received a 3.13 % upvote from @speedvoter thanks to: @hurrahay.
SBD will have stability and will always grow!
330k+ users. community is growing quickly. Where would you say the confirmation of an upward breakout would be confirmed?
as i am new member in this very helpful post.
plz upvote my blogs and this comment if u like
I think fundamentals are in favour to breakout.
Thanks for educating the people!
thanks for the info
Currencies such as SBD are arguably the toughest cryptos to predict, since there's that regulation aspect of them. However, 0% interest has clearly done little to stunt its growth, showing its huge demand. Personally, I just try to find a decent exchange rate and convert to STEEM. The thought of it having a huge downward correction isn't a pretty one!
Thanks for the info! I need to buy more SBD. It will go up soon!
I feel as if everything is starting to stabilize and consolidate here, the movement up will be slow I believe. But that's just my personal opinion, everyone should make their own decisions and 'DYOR'.
good post..i would like to see sbd go to 20$
Why stop at $20?
i am followed u:)
Man, thanks for such in depth overview and analysis - excited to see the future of Steemit.
Hey guys . i wanna know the difference between steem and steem dollar.. Let me know . anyone? @msteemian
SBD, is considered a backed currency by steem indicating the pegged value of 1.00 however it is not that case currently! Steem is the currency of full liquidity meaning, you can send it anywhere via exchanges etc.
SteemPower is powered up from Steem it self, which in return gives you a higher voting power, to upvote people with a higher amount as you power up the steem itself. The downside you can say about powering up, is that it takes 13 Weeks in order to get your money to be liquid again. However if your on the platform daily and beleive in the platform, that is not a down side! Took me like a month and a half to really wrap my head around it.
i am still trying to understand how it all works first time I had heard of the 13 weeks thought .. more good information . Thanks
Your welcome man, hopefully you get your head around the whole thing here at Steem! It's quite a lot!
My opinion is Steem is Future crypto Very successful @clasictv
It truly is. I try to learn something new everyday. I am not doing great in it. But I am still plugging away at it all. I am not asking for upvotes are resteems unless you feel what I have written is worthy of such. But I would love input on any ways that I might improve what I am doing. also may I follow you ? I think I could learn a lot from you. But if find the time to look at where I am at with my post I would greatly appreciate it.
lots of people have explained the different components of the steem ecosystem. i recommend looking at @andrarchy's earlier posts.
That's actually how I got started on here. Way back. That guy did a phenomenal job of breaking it down. He was like the early @jerrybanfield. Whatever happened to him? He was pretty fun to watch. Why isn't he trending anymore?
Thanks for the answer, I had the same question.
My questions is, what was the answer, and what was the question?
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Hi...All of the steemit members...
hey, Guys i am new member in this community.... i hope make me as your friend as soon as possible
Sure Follow me for Free Buy/Sell BTC signals >>>https://steemit.com/@maujmasti
Hey noob! Don't get mistaken for Spam. Your reputation depends on it!
I'm most sure that the case 2 is the most likely to happen, since the FUD is over and nothing but bullish movements should be expected, more and more ppl are joining every #Steem platform wich invariatebly woul derive in a mjor outbreak of the Steemsphere,
beginners like me can join in the community, need a lot of learning and guidance
SBD seems to do very well, i might invest in some
As now the market also getting up some values & also the steem & SBD to boost in coming days .
Nice :o
Always go to moon.
It is heartening to see the growth of SBD. I have recently joined Steemit. Can you guide me how i can but this currency?
Helpful. Thx.
Hey noob! Don't get mistaken for Spam. Your reputation depends on it!
Ok.;)
If BTC breaks to the upside steem will probably too, and vice versa. looking really good for both at this moment!
Personally, I'm happy to see SBD on the rise..... We gonna hit the world @msteemian
I love this that is why upvote you so do the same to me
that is an usefull info for me
i have enjoyed your topic ,i do appreciate your efforts ,i up voted you and re steem it ,i followed you as i would be very pleased if you would appreciate my comment .
I appreciate your comment.
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I like the writing of your article is very interesting people to comment on your article ,,,
I want tips and tricks from you ,, please help
I like your words that are highly motivated ,, I want to ask for tips and tricks
from you how to write interesting ,, please help.
https://steemit.com/dmania/@boyhaqi97/tips-and-tricks-get-the-vote-from-dmania
thanks for nice info ! Very interesting :)
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Welcome to steemit I hope you will enjoy follow me upvote I will will support new users on steemit
Great post! I Upvoted and followed. Do the same and we can support one another.
i can say that steemit is gorgeous most helpful sharing
Nice post. 👍👍👍
Thank you for the information @msteemian
I am very happy to hear it and see the performance of SBD well
upvote man.
Thanks for the info , it was very helpful
@msteemian. Thanks for this. It's helpful. very indeed
hana guna meubacut
Interesting article!
Checkout @cryptobroye for more bitcoin info and analysis. Im sure there's a lot we can learn from each other!
luckily i'm in after a long wait is over :-) i have tried to signed it up many times but still it didn't work.. thanks to my cousin who brings me here :-)
very helpful to me as a beginner .. thank you@msteemian
Love to read such comments! :)