Steem Price Predictor? -504

in #steem5 years ago (edited)

Recently I noticed that the internal market for Steem SBD made it not profitable to convert SBD into Steem. The price of Steem did go up a little bit recently so the internal market might be a predictor of a rising Steem price or it could just be reactionary. If Steem was going to go down it generally would make sense to hold SBD instead of Steem whereas if it's going up it's better to hold Steem.

Right now you can get about .3928 SBD per Steem. So you should be able to get about 2.546 Steem per SBD. SBD =1.01 and Steem = .390500 so I should be able to get 2.5864 Steem per SBD. I would guess Steem hits or goes above .40 in the next 24 hours going by this.


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Very small difference. Probably because some people like me sell SBD every day, so I can get Steem to power up.

You might want to use the bots to power up so you can get a bonus. A lot of times It makes for me to convert.

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