Anybody know why STEEM is pumping so hard?

in #steem8 years ago (edited)

STEEM doing way better than BITCOIN right now

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Without even looking at the charts, my skeptical side would wonder whether it was being pumped before a big power down gets dumped. Maybe I'm paranoid though. :-)

...That or somebody found something yet to be widespread knowledge.

Looked like there was a few dumps a day or two ago without a pump, I don't see the effort and cost to create a small pump just to dump.

I just saw this in @lukestokes post. https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-8-2017-to-1-14-2017

50k Steem transferred to poloniex 5 hours ago. Coincidence? You be the judge. :-)
The money has been moving over well before today, but if I was to pick a market mover, I would pick this well known Steemian.

https://steemit.com/@berniesanders/transfers

If Bernie is cashing out the price of STEEM will go under 5 cent

perhaps.. but the volume is much higher than that, at least now.

The saying goes...bulls climb stairs and bears jump out windows. That is a pretty steep set of stairs. Obviously it is not a general buying surge. It is a lone player moving the market. For what purpose? Who knows.

Right, I panic bought, just sold at a small loss lol. After looking at the Polo "pump"

Hey. A small loss is better than a big loss. We all get caught by the FOMO feeling. I've been resisting it myself everyday. The thing is the time to act was before it rose. Once the horse has bolted, it just too late.

Steem is in an exponential stage of growth after a correction over last few months. I think Steem is more stable too (Steem Power)as the community is invested in its growth rather than its short term success. Lets hope for great things in 3 to 5 years time. :)

Ah shit. It's because I converted 20 SBD into Steem 2 days ago :P

Because Linguistics has a lesson to teach the World!

development roadmap out soon. but don't know how soon

perhaps the busy.org roadmap? They will start in two weeks ;-)

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