Steem Dollar (SBD) Flash-Crash ($1.24) At 01:00am This Morning As a HUGE DUMP Takes Place On The Bittrex Hourlies.

in #steemit7 years ago (edited)

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First it was Eth, now SBD. This is why stops are a bad idea.

AGREED :)

I second that -agreed @mindunter did you eat your banana today haha

Hunter eats banana everyday for potassium - good for the brave heart :) <3

what does this do for the steem price is it good or bad please explain

The two are not as connected as you might think. Steem is nice and cheap at $1.67 this morning and is consolidating very nicely right now :)

Steem in @mindhunter chooo chooo as I laugh my rib still hurts haha

You've got #hunter-rib - Hee hee! You need to disengage from all humorous chat with @mindhunter for a week! LOL! Still awake in pain??

Oh boi there she blows haha holding steady now. New meaning now uh haha I can't it's not funny but we saw this coming. Things will bounce back. I'm sure haha night night hunterrib resting now🌞😀💯🙃🛏

Yeah, Steem is at a super-cute price this morning as well at $1.68 on Bittrex - I think you can guess what I'll be doing this morning :) Go rest that #hunter-rib and I'll take of the Steemit reins Madam Mischief! Nitey nite ... Zzzzz ... Zzzzzz .... <3

haha check your chat

On my way bonnie lass .... :)

I'm not in there now will be back in 20 made breakfast yummm

Enjoy a leisurely breakfast whilst I deal with your next Sean Connery vid :) LOL!

you like that booty you said right?

haha

you like that booty you said right?

Correct. Is that Michelle Obama?? LOL!

No real housewife of ATL a show here in the states. It's ridiculous

No real housewife of ATL a show here in the states. It's ridiculous

Keep reminding me never to watch this program! Thanks :D

What is happening to SBD ,is this the good time to power up ?

Everyday is a good to Power Up! YES!!

when converting SBD to STEEM.Which one is the best option to use -internal market or the 3.5day conversion ??

I go internal everytime - it's personal preference really.

ohk well,so are the market prices the same in both options or they differ

Follow the hunters words!

Buy Steem! (@mindhunter words) :)

I'm interested to know as well.

Everyday is a good to Power Up! YES!!

Fucking hell, I'll never get to cash out at a decent price at this rate.

I have been considering converting to BTC and waiting a few days before cashing out in hopes of regaining the value that's been lost, but I'm so new to this whole crypto and market thing that I have no idea if that's a good idea or not.

I'm so lost in all of this. I'm trying so hard to follow along with it and learn and understand it and I'm just flopping around like a dying minnow in a dry creek bed.

I have been considering converting to BTC and waiting a few days

Good idea - I'm all out in BTC right now whilst the price is low. It'll pick up again soon.

So my instinct to trade SBD to BTC right now is a good instinct?

Because SBD just keeps falling, and I missed out on trading it for $2.22 USD per $1 SBD due to having account creation issues.

So my instinct to trade SBD to BTC right now is a good instinct?

A very good instinct!

You don't know how much of a relief that is to hear.

Trying to navigate this whole thing really hurts my head.

Thanks so much for telling me!

No problem @novaatebatman - cryptos can hurt your head during the learning process, but once your up to speed you'll be just fine :)

Thanks for understanding, lol.

I wish they made a "Cryptocurrency Guide for Extra Stupid Dummies" or something. I could really use that right now.

Blockchain is such a new technology, so we have to write the guides ourselves!

Wow any idea why this happend? You got my follow and upvote! Thanks for the update

Some whale took a mega-dump or some trading bot went a bit mad!??

There is a lot of volatility creeping into the cryptos lately. Thanks for sharing.

Summer weather and crypto-volatility go hand in hand!

Stay cool. Steem is doing nicely this morning. Consolidating well at $1.67. Go buy some cheap steem @jwolf :)

Unfortunately I have all my btc into three coins and I have to wait.. I can't sell in loss. Thanks for advice man! Good morning😁

I'll mention the SBD Flash crash in the Daily Dose :)

It doesn't make sense how the price is falling as so many new users each day......anyone have any answers? Is it due to the "whole market" taking a hit from elite controlled large institutions?

a) Depressed crypto-markets overall plus b) New users don't want to buy steem, they want to EARN it for free :)

Makes sense, thank you.

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