STEEM/SBD price update #10
Hey everybody!!
Its already the 10th week that I do a price update of STEEM and SBD. I do this to make people aware of the prices to know when to sell/buy/exchange STEEM or SBD. My own goal still continues to be to power up tough!
Screenshot is from coinmarketcap.com
As you can see on the screenshot both STEEM and SBD went up again this week!
STEEM went up another 15% this week meaning it went from $3,08 to $3,48. Have to mention tough that it was over $4 for a short while so last day it went down again. I hope its just a short dip.
The increase was a bit less for SBD but still like 4,5% in one week. Last week its was $3,02 and now $3,10. Last 24 hours it went down a lot tough. The gap between SBD and STEEM is quite big now again.
STEEM is a lot higher then SBD this week. This means that the exchange rate probably is not that good this week. In the internal market you have to pay like 1.14 for one STEEM now while it was 1.03 last week. If you look at the absolute conversion rate (3.48/3.10=1.12) then the internal market rate is like 0.02 higher meaning its a quite good rate in the internal market now. I wouldn't advice to exchange tough as long as 1 STEEM cost more then 1 SBD.
Im happy we had some green weeks in a row now. Lets hope it continues like this!
very lucky for those who already have SBD and who already sell it ..