I rarely talk cryptocurrency for the sake of crypto, but lately have you seen the crazy spike in STEEM? Can someone enlighten me here, was this a pump or what? I mean hey it's worth way more now like if you haev SBD now is a great time to transfer it into STEEM and power up because of the different in price 2.06 and 2.68 (as of 5:56 AM EST).
I'll just bring up the charts for them an briefly talk about each then I'm really interested to hear from all of you about this, I have been so busy I haven't had the time to really dig into it myself.
Steem
Right now STEEM is at $2.07 USD but went all the way up to $2.45 in the last 24 hours with some crazy volume
Having bought like 400 STEEM when it was $1.50 I feel pretty great. I invested it into power. Now I'll look at the SBD charts and show you why it's ideal to power up using your SBD at the moment.
Steem Dollars (SBD)
Right now SBD is at $2.68 USD and earlier it was all the way up to $3.19.
While obviously SBD is always typically higher than STEEM I've suggested powering up with extra SBD just because it's a wider gap than usual. PFFFFT please, 24 hours ago STEEM and SBD were both $1.50 so now if you have SBD and sell into STEEM you will have a huge gain which again is why I'm making this post! If I had extra SBD I would, and if you do, you should!
Conclusion
This was short and I didn't have much insight to give on why STEEM has been doing what it has been doing, however I do think it's important people are aware and make good use of this opportunity .
So anyways I know this was a short little article today don't worry I am also drafting up another to drop early when I get up in about 8 hours. Feel free to share your thoughts and reasoning for the change and what you plan to do about it.
Every time I post I select 1 random winner from the upvotes, resteems, and comments totaling 3 winners and give them 0.01 SBD each and announce it on the next post! I also send out 0.001 weekly to followers! I use https://snackaholic.github.io/steemfortune/en/
The winners from the last post I made here:
Were:
Note that once Iβve posted a new post the contest is over and this could be subject to any amount of time up to but not longer than 7 days
Their team has been steadily growing since the founders began, be sure to give them a follow!
Use #Steeply on Steepshot posts for a chance to be featured in my Steepshot digest called @Steeply
π· Also join their awesome Facebook group where we are building a community around the platform! - https://www.facebook.com/groups/steepshot/
They also have a great Discord - https://discordapp.com/invite/9QsYr9f π£
π Social Media
Steepshot Twitter: https://twitter.com/steepshot
Steepshot Facebook: https://www.facebook.com/steepshot
@DTube is an amazing platform meant as a decentralized solution to YouTube's copyright, censorship and monetization issues. We are building a community around the platform!
π Social Media
DTube Twitter: https://twitter.com/dtube_official
DTube Instagram: https://www.instagram/dtube_official
Discord Group: https://discordapp.com/invite/9QsYr9f π£
Official Site: https://about.d.tube/
Reddit: https://www.reddit.com/r/dtube/
@ScottCBusiness
π‘ If you have heard about Minds and are thinking of joining up use my referral - https://www.minds.com/register?referrer=scottcbusiness
π Binance is my favorite place to trade, sign up with my referral - https://www.binance.com/?ref=15520033
πΈ If you havenβt signed up, do so using my referral code 15520033
If you sign up on either and show me a screenshot, Iβll send you 0.1 SBD and give you a follow and shoutout on my next post!
β
Join our @Steemersbot communities to network and grow together with our other Steemers - https://www.facebook.com/groups/Steemers/
Our pinned post has a bunch of resource for you to use and contribute to!
Also join our Discord channel - https://discord.gg/hNMjvBz π£
We have lists of other servers, upvote bots, promo, discussion, contests, faucets, and everything you can think of!
W can also chat on Telegram - https://t.me/steemers π©
We share our promotional posts here for now mostly
π You can also follow me on:
Twitter - https://twitter.com/Scottcbusiness
Facebook - https://www.facebook.com/ScottCBusiness
Instagram - https://www.instagram.com/scottcbusiness
LinkedIn - https://ca.linkedin.com/in//scottcbusiness
Steemit - https://steemit.com/@scottcbusiness
Discord - ScottCBusiness#5242
Minds - https://www.minds.com/scottcbusiness
Use #WhatsUpSteemit for a chance to be featured in my other digest What's Up
Click the Image Below
Eyy thanks, will check it out now
Nice post
I like the idea of give away.
Thanks!
I agree with you,we don't know about the price now,sometime it's rise and sometime it's low.so to solve this problem as you said "sell SBD to power up".
While the opportunity is there at least right
I think we have to often check the price everyday,because the price always have change.sometime I bit upset about it.
Commonly I got 0.01 from each your upvote and today I don't get any,but it's no matter because it's may be influenced by the price in market cryptocurrency,
By the way...I always follow you, upvote and resteem,because you always have interesting post.
Yeah but today there is a such a big gap in SBD and STEEM that if you have SBD you can make a big profit from converting
Thank you for the information,but however I only have 0.04 SBD in my wallet now,so it's impossible for me to convert it.
fair enough eh
I've put about 16 of my videos on dtube but now dtube won't let me post any more...any idea why?
I've not heard of that happening yet, please report it in the discord!
https://discord.gg/sFV9dYN
Its good that you brought this up. I was in the discord channel when some on the friends I have online urged us to power up. With my pathetic SBD, I only afford to purchase 1 Steem..lol. And so I did, and power up instantly. That's my first of buying activity here.. Perhaps you can explain why should one do it in details as I myself is unsure. I just follow the herd. Thanks for sharing @scottcbusiness!
Well 24 hours ago, STEEM and SBD were both about 1.50.
Now SBD is like 0.60 more than STEEM meaning FOR NOW ONLY you get way more STEEM for your SBD. So if you have any lying around and convert it, you will end up with significantly more for powering up
Thanks to you I manage to sneak in another one..lol . Phewww...I'm officially poor
Haha good stuff
Resteem like always
Appreciate the support!
I am new to Steemit and to blockchain entirely. This article helped me understand when it might be advantageous to power up (when i do have SBD someday). Thanks for the tip.
Well I mean it's more in the moment / depending on the price. However I always advise powering up as you earn daily compounding interest on your SP
that's true of what you say and I really agree with you, we do not know about the current price, sometimes up and sometimes low. So to solve this problem as you say "sell SBD for power"
Well it's not a problem just a great opportunity right now if you have a lot of SBD to sell to STEEM. It was way up before when I wrote this. It's still 50 cents above, so might as well.
keep it up bro....
it is so nice....
Thanks
Become a new passion for insvestor to conduct transactions in healthy
?...
not relly understood what you meant
SBD is more valuable than STEEM is you sell your SBD you can power up more economically
how can i sell my sbd ?
this article explains how :)
You just planted 1.20 tree(s)!
Thanks to @scottcbusiness
We have planted already 4467.62 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 18639.34
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku