SBD Spike Shows Potential for a Pump is Still There
Hey guys,
Well then.
Am I the only one that got a little excited about that SBD spike we just saw?
SBD/USD Daily
So SBD is built to return to return to the peg by not making it worth burning through the internal market in exchange for STEEM. We’ve hit the peg again and price has held it cleanly.
So I just spent a bit of time this morning flicking through the #sbd tag on Steemit and I’m surprised to not see more blogs or writing around the topic.
We know that SBD is still a relatively low market cap coin that has the potential to be pumped pretty easily if the Koreans feel that way inclined. This looks to just be a teaser, but it shows the potential is still there.
The question now becomes when will we see the next proper one occur?
Are you holding any SBD or do you trade it for STEEM immediately?
✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
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upvote for me please? https://steemit.com/news/@bible.com/2sysip
WOW..!! SBD just jump from approx 1$ to 4$. That was huge pump, Definitely if whales look this spike.
Good observation sir, but pumping the coin to get a spike is not a good idea as it never shows a trend, its only a spike.
Again pumping is actually done to get more involvement of investors to price up the coin, once price goes up early trader will go out of the trade and others will get loss.
The only thing perhaps we expect a smooth rise in the steem price showing a good uptrend, once it can be achieved then we can be very sure about the potential of our beloved steem.
Thanking you @saswat036
Holding sbd, still waiting for it to exceed its ATH haha.
was it 22 ?
waiting for the steem/sbd rate to head back to 1.2 range.
I often try to hold my SBD for a while.
Upvote me too bro