Dear Diary: STEEM And SBD Is On The Move
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I am hoping that SBD would pump just like from the event that occurred in 2017 after the Korean Exchange Bithumb had caused a very out of this world crazy price hike on SBD and since the markets are proven to get really crazy it is just bound to happen again.
Currently SBD is trading at around 25700 Satoshis and it just means with the current BTC price it is near one dollar per SBD now. So it is exciting if it will offshoot to more than a dollar or much more and at that point I will not pass the opportunity to tap out and enjoy some earnings for my medical needs because steem community is the only way currently I use so that I can support myself.
It is good to know that STEEM and SBD is now not being so correlated to BTC price and it might mean that if BTC price would pump it will be another factor to raise the steem and SBD much higher and it is a thing to really be vigilant of because of the correction and massive sell-offs that could happen after.
The rise in the price of STEEM in the last couple of days was definitely nice and unexpected. I just hope we don't lose momentum and fall back to 0.30$ or lower anytime soon.
Up all the time, people been hard hit by the low prices.
Interesting. I don’t pay much attention to the STEEM price but it’s exciting to see its in the green ⚡️
Cheers for the update
Posted using Partiko iOS