Steem/SBD and AgX evolution - 2018-02-07
This is the daily AgX chart for today 2018-02-07.
Today's AgX factor is 0.96 for a STEEM/SBD ratio of 1.2.
What is AgX?
The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate.
Plan
I'll make these posts on @aggroed for the next week or so and then move them over to a new account. It's possible it won't matter in the long run if SBD is ever completely pegged, but until then the prices move and hopefully this informs some good decision making.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
great news shar ing i am appreciated by your post
that is very good to me
carry on i will wait your next
resteemit done
Is there more information on agx ? or do we wait for it ?
Very good information sir
@aggroed
We always need this type of information
Thank you sir
Thanks dear sharing this awesome news ..Resteemit done and upvote .
yup, no reason we won't see a nice rally. It will be interesting to watch this number over time to see how good a predictor it is.
Nice post thanks for sharing...
I do not have steam and sbd, do you want to volunteer my upvote
This very nice post i appreciate your creativity thanks for sharing this crytocurrency news.. Best of luck my dear friends..
very good information @aggroed, this is very useful for everyone, because this information is very useful for us to see the market development about Steem. Thank you for sharing and hope you will be more successful in working... :)
Thia is very informative news about steemit.It can help to know steem and steem dollar rate. Thanks a lot