SBD Raiser Up - The State of Steem and SBD : Feb 10, 2018

in #cryptocurrency6 years ago

After several days of the market being in free fall, that dragged the steem and SBD to values close to $2, we can see a recovery, by the time of this publication the steem is quoted in the external market at $ 4.53 and the SBD at $5.15.


Screenshot-2018-2-10 Steem (STEEM) price, charts, market cap, and other metrics CoinMarketCap.png
Vs
Screenshot-2018-2-10 Steem Dollars (SBD) price, charts, market cap, and other metrics CoinMarketCap.png
For 1 SBD you get 1.153 STEEM.


Screenshot-2018-2-10  krenter.png
In Internal Market yo can get 0.899 SBD for each Steem

A few days ago commented that any time once the market stabilized, we would see values between 0.90 and 1.0 in the internal market

At that time I recommended my friends not to buy SP delegate since it was not profitable, but now we are starting to see more attractive values

250 delegates for 4 weeks can cost you today about 10 steems that are at the current market price about 8.5 or 8.98 SBD, which is much better than 12 or 14 a few days ago.

Although I did not believe a few days ago that we saw values below 0.90, now that I look at the graphs and the tendency to continue like this it is possible that by the beginning of the week we have values below 0.8.

Personally I have orders of purchase in 0.8, 0.7 and 0.63 (the latter was the lowest value in which I bought steem a few weeks ago)

As I said patience always has its rewards

:D


DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser.

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