Steem/SBD and AgX evolution - 2018-02-13
This is the daily AgX chart for today 2018-02-13.
Today's 200 day moving average is 0.95 for a STEEM/SBD ratio of 0.85.
What is AgX?
The Mayer's multiple (the ratio of the 200 day moving average of the BTC/USD price to the current 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.
Tough to resolve if it's laddering up and taking a dip, or if it's heading back to much higher sbd than steem.
AgX will get a new home in about week, and go off my wall and autovotes onto @agx.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
Interesting, but I am not sure what exactly is AgX. How is AgX calculated? Is it a 200-day moving average of Steem/SBD? Thanks.
Nice one sir! time to power up for me.
Thanks @aggroed have been updated to the latest STEEM/SBD prices
Thanks for what you are doing here.
Thank for information
good post
great post.........thank you share this post
..carry on
Wow nice crypto currency price chart.
Thanks for sharing
@aggroed
interesting information @aggroed
Thank you for sharing
You give us valuable and wonderful information well done, my friend