Did you catch this MASSIVE STEEM DOLLAR SPIKE today?? Wow! LOL -- 0.00700000 BTC around 4:40 UST / 11:30 EST

in #steemit7 years ago (edited)


This is a screenshot for the last 6 hours off of Poloniex. I almost could not believe this!

Thoughts on what caused this? Did you get in on this???? What say you guys, in Steemland??

That was about $7 USD and nearly $10 in $CAD!




Feel free to add your comments / encouragement, frankly, we can all use a little more of that in our lives.


If you liked this, please Resteem it! Share good content!






If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL


Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset if I cannot reply right away, or to everyone. I'm dealing with some changes, and will have limited time online & will be happy if I get a few blog posts up a week.

Sort:  

I'll tell you what I take away from it, and if you look at 2 hour charts for the last several months, you can see that someone does it routinely and intentionally. It's 100% pure manipulation. I've intentionally set sell barriers within range of the spikes numerous times and they will literally go to the satoshi before my walls that can be half the spike height of the trend and never buy a single satoshi of my sell price. It's clear that someone single-handedly manipulates the SBD price on Poloniex.

This is good info from you today.

Very interesting...... thanks for dropping by with your thoughts man!!!

I'm very self taught when it comes to watching charts etc. I started learning terms and things after doing it for about 2 years so if some of my terminology is weird that's why. I'm not uninformed when it comes to crypto investing, but I'm not from the investing world if that makes sense. I have weight in 4 coins right now and all of them are up 20-50% after the bitcoin dip and rise. I know how to spot bullshit and buy at the right times. I don't want to sound like a fear monger or anything, but steem price is heavily manipulated :(

well you can always use "thirds rule strategy" in any coin or assets to minimize risk or loss and mostly GUARANTEE gain even if it is small gain...

$3 Steem would be exceptional. We need to increase our active user base by at least 300%! I am not trying to complain without a solution, but 1000-1500 active authors and 5000 active voters?? Steemit is still in the beginning. Prepare for the Steem dollar to rise more when we have 50,000 or 150,000 active authors and 300,000 voters. Tell your friends about Steemit! And use the eSteem app if you want that realtime-feel.

Oh, I tell people and have guided a few into the platform, not one of them is active yet. One just started posting in the last few days, which is good news for all of us.

3.7 billion people are now online
https://steemit.com/internet/@darkflame/3-7-billion-people-are-now-online
Steemit isn't for everyone, but I'm certain there's a few hundred million who will feel right at home here.

I could see STEEM back up in the 3s

I am hearing you man..........

im just now trying to figure out what this mean exactly.

Normally a Steem Dollar is worth within a few cents of a US Dollar. This helps protect your earnings from the volatility of Steem. With it going this high though, on this particular exchange, it was worth almost 50% more than a US Dollar.

thanks for this info, what does this mean for the value of steem itself?

Could go up as people discover it via Poloniex. Right now it is selling at $0.11 with a buy of $0.14 (over the weekend both were around $0.16 up to $0.18 with very little difference between them.

gotta ride the wave...

UP = WIN

DOWN = WIN

it means more and more people are comprehending "thirds rule strategy"

Very curious...

I added that to my special Frank's file just now!!!!!!!!!!!!!!!!!!!

TY for teaching us all things, I love having you on my friends list!

I saw that but i was not have money :) dam next time

33% STEEM
33% SP
33% SBD

thank me later...

So much wisdom in your stuff. TY again.

Keep an eye on your charts LOL

I just checked the charts myself, very odd! Will definitely be keeping an eye on it! Good work @barrydutton!

Not everyone gets "thirds rule strategy" at first, I get it!

It is good you understand and can be patient, not many Franks's on here LOL

GBY brother.

What are you doing with your SBD?

It's not only me...

It's also to those who have listened and applied "thirds rule strategy"

And to answer you question about what I am doing with my SBD...
Feel free to take a look at my Wallet History...
I will give a hint and also want to say @blocktrades works VERY WELL to buy and sell in 1/3rds any other coins that they offer on their trading platform.

blocktrades.us

Awesome stuff!! Excited for the future of Steem

Someone is predicting a successful of steem, or massive failure of bitcoin, or more like both.

Whale pump, more than likely.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 62952.72
ETH 2429.38
USDT 1.00
SBD 2.56