Historical Max For SBD: $5,50 - STEEM Trading at $1,7

in steemit •  6 days ago

Looks like we're not over with these SBD pumps. I woke up to a whopping $5,5 in my price feed.


Screen Shot 2017-12-07 at 8.57.34 AM.png


The biggest volume is concentrated on Bittrex, more than 90%, where the SBD chart looks like this:


Screen Shot 2017-12-07 at 9.00.42 AM.png


Volume in BTC was 1126. At a price of 39k satoshis, that gives around 2,88 millions SBD. Total supply for SBD is 3,5 millions. So it looks that pretty much all the SBD trading is done on Bittrex now.

On the internal market, you could get 3 STEEM for 1 SBD, as you can see from this tiny little dust transaction:


Screen Shot 2017-12-07 at 8.58.37 AM.png


Volume on Bittrex indicate that this has still a lot of stamina and it may continue for a while.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.


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This is absolutely crazy. Do you have any idea why it is being pumped so much? I don't know if it was better me keep my SBD or converting all to steem (which I did). I can't wait to see what happens in the coming days

We all wanna it to continue in the future.

I am holding for now, they say sbd is about to hit 10$

@dragosroua SBD for STEEM at this level what an early Christmas Gift..............

I was shocked as well by this. The only thing I regret right now is that I don't have too much SBD on my hands to change it into STEEM.

Hello. Real fresh faced newbie question.

When you look at Steem Dollar in you wallet, is that it’s USD equivalent of the coin, or the coin amount itself - ie you multiply by market rate to get its USD worth.

Thanks!

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That's the number of SBD coins you have. At the moment you need to ignore the caption that says "Tokens worth about $1.00 of STEEM, currently collecting 0% APR." It's also why it can be a little confusing when you go to the currency market and see that STEEM is so cheap at the moment. It's trading against SBD not USD.

The only think in your wallet valued in USD is the estimated account value at the bottom.

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Who pump sbd and dump steem.

The good thing is that Steem is on the rise too :)

Dancing shoes are on!!!

make hay while the sun shines.

it was $6 high today :D