SBD value goes down rapidly, no need to panic right?

in #cryptocurrency9 years ago (edited)

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I had been monitoring the value of SBD these past few hours and I find it alarming. Seems like every minute it goes down and down.

I also checked the value of bitcoin to USD and I see it has the same fate with SBD. It’s like they talked with each other and are in connivance, LOL.

The rapid drop of the value of SBD made me think of things that we could do to help it rise again or perhaps attain or sustain its value up to a considerable amount considering it goes up to 15USD in the past weeks.

Now I am thinking of proper measures for each steemian to do in order to help the value of SBD to rise, and one step to consider is to invest SBD to SP although I’m not certain if it’s the best thing to do this time since the current value of STEEM is higher than SBD.

I am also considering a mass posting of quality contents, and I think this idea could somehow help.

What do you think?


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Hey I think its because of the new statement the South Korean Minister made about banning cryptocurrency in South Korea the whole market dropped, check it out I just posted about it.
https://steemit.com/cryptocurrency/@californiacrypto/south-korea-to-ban-cryptocurrency-markets-drop-12

Synereo AMP is not affected. I noticed AMP continuous to go up ;)

So has eos and neo and a few other coins but majority of the market was affected.

nice to know that I will check...

I had the same thought. :( We can only hope for the best. For now,I agree that we must keep posting and supporting quality contents.

From what i noticed lately, seems like SBD is directly proportional to BTC. when btc goes up, sbd goes up to. i hope it'll go up again so we could buy some SP. 😩

Change 50/50 to 100% Power Up na lang po when creating a post pag nagpantay or tumaas Steem price sa SBD :)

i don,t have conform news but china has banned crypto mining in china and that why cryptocurriencies are struggling

I hope crypto will be able to survive and regain back its power.

we can hope for it.

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You got a 9.09% upvote from @steembloggers courtesy of @long888!

Thank you @long888 for making a transfer to me for an upvote of 0.78% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

I am monitoring Steemit "Market" and started to Power Up 100% na kasi konting konti na lang talaga naisip ko baka next week nyan magpantay o baka tumaas na Steem kaysa SBD :) pag naging $1 at nagtuloy tuloy na tumaas yang SBD/STEEM price sa Steemit "Cryptocurrency Market" change default 50/50 to 100% Steem Power na lang when creating a post then Power Down na lang if you want to cash out STEEM. Mas ok po sell STEEM kaysa SBD kasi mas mababa blockchain fee kaysa SBD. :)

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