You are viewing a single comment's thread from:
RE: The only index you should know to successfully buy and sell Steem – Introducing the JS Index!
yes.
But the important part is to think of it not held by polo and bitrtrex, but held by 1. people who either looking to sell 2. bought it but are looking to sell in a short time frame after their purchase. The group #2 otherwise will immediately withdraw and vest it and by doing so reduce the amount held by exchanges.
Right.
Right, it is literally an indicator of the relative holdings of the exchanges (plus your proprietary magic), but because of the design of Steem it is a strong indicator of the holdings of short-term traders. It's nice, I like it. I assume you'll be posting updates regularly?
That is the plan.