The Exchanges are coloring RED, but Why? And What happend?

in #bitcoin6 years ago (edited)


Those red numbers are probably made on purpose by the large investors to slow down the up going process.

This is how it works:

The Worldcoinindex recalculates the percentage for each coin on a daily basis, at precisely 2:00 (UTC) the Daily switch is executed.

So, just before 2:00, at 1:30 the Bitcoin value is pushed up to even $9700, and precisely 2:00 it was pushed down:

So, this automatically causes the Bitcoin and with this all other coins to drop for about 2-3%, and so the exhanges are RED.

Because people do not know this, they start selling and everything drops even further.

Now you know...., that the big bosses are playing the game.

As I mention days ago, we will go up again > $9600 > $10.000 May 1th.

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We see some GREEN too, STEEM!

Where is Steem?

Where do you see Steem going? Can it carve it's own path or will it trace BTC?

Hi, all coins strongly depends on the bitcoin value because almost everyone is buying COIN/BTC.
Steem also depends emotion just like VIA coin does. Large ups and downs

Right. We need to turn this place from a spam magnet to a place known for QUALITY CONTENT and we need to do it ASAP, or Steem will never realize its full potential.

Exactly, Steem needs real moderators who view and judge the quality of the content, spammers must also be excluded from comments, otherwise Steem does not have a long life unfortunately. The messages become too volatile and a blog is no longer read as a full story. I hope they read this message.

There should even be a minimum allowable word count (except maybe in art, poetry, video categories) ...and maybe some type of algorithm to set quality based on...I dunno...word usage (rarity?)i.e. diction, grammar, overall sentence/paragraph/essay construction...??

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