STEEM Price Again Above $6 + SBD Price Prediction
Hi guys!
It was a good day for STEEM - it's trading again above $6.
After 3 day downtrend which dropped the STEEM price to $5.20, today we had a nice price increase, up to almost $7. Currently STEEM is trading at $6.20
Weekly STEEM price chart
It's gonna be interesting to see if this is only a momentary change before continuation of price drop or a start of another long uptrend. Next few days should answer this question.
Now, STEEM price increase has a big influence on SBD supply. The higher the price, the more SBD are being created and given to steemians as post rewards. The STEEM price doubled lately which means that two times more SBD will hit the market in few days (7 days payout waiting time). It's gonna be interesting to see the dynamic between SBD and STEEM price - will the SBD be finally valued less than STEEM?
You are right, now we get 3 times as much SBD as the STEEM when reimbursing me, too, I wonder what will happen when they equalize in price. Thank you @tipu
I believe Steem has the potential to cross $10 or more very soon...
thanks for the nice information.. i don’t know how the SBD Price is higher than steem until u let me know.. thanks once again
☺️👍🏻
I saw this coming! Yeah it's good news to behold!!
Hello im deposit but i can use tip! My deposit 0.002 sbd pls help me
Sorry, the tip is higher then your deposit.
You can check your balance by sending 0.001 SBD to @tipu with memo: balance
(the minimal tip is 0.1 SBD)
You need at least 0.1 to send tips.
Awesome! Can't wait till it is at $10.
i think price will increasing.....😁😁
We've gotten spoiled with the high SBD price. It'll be interesting to see what happens. Thanks for the update!
@tipu today your post best @steemitgirl11
Good prediction...
Good job @tipu...