The State of Steem and SBD : Feb 06, 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 small recovery, by the time of this publication the steem is quoted in the external market at $ 3.88 and the SBD at $ 3.30

Although all the rewards went down, we could notice a considerable increase in the reward we received for SP which is a pretty good thing.

Personally, as always, it is nice to see the numbers in green, although it is too early to say that the market is recovering. It is good to have a bit of tranquility after several days.

:D


Screenshot-2018-2-6 Steem (STEEM) price, charts, market cap, and other metrics CoinMarketCap(1).png
Vs
Screenshot-2018-2-6 Steem Dollars (SBD) price, charts, market cap, and other metrics CoinMarketCap(1).png
For 1 SBD you get 0.851 STEEM.


Screenshot-2018-2-6  krenter(1).png
In Internal Market yo can get 1.187 SBD for each Steem

For those who have asked me it seems to me that buying SP delegated at this time is a bad investment if you are going to use SBD for it.

250 delegates for 4 weeks can cost you today about 10 steems that are at the current market price about 12 or 14 SBD

I would wait a bit for the market to stabilize and be able to buy the steem in the internal market at a better price

Now if you use dollars to buy steem is still very good price and can be a great investment


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

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