STEEM, SBD, Bitcoin, and Bitcoin Cash Price Data - 2017-09-22
STEEM
current rank: 21
current price:
0.999406 USD
0.00027725 BTC
24 hour volume: 581147.0 USD
24 hour percent change: 0.16%
market cap: 242108308.0 USD
SBD
current rank: 285
current price:
0.950092 USD
0.00026357 BTC
24 hour volume: 400988.0 USD
24 hour percent change: 2.41%
market cap: 3314865.0 USD
Bitcoin
current rank: 1
current price:
24 hour volume: 1215020000.0 USD
24 hour percent change: -1.4%
market cap: 59884238304.0 USD
Bitcoin Cash
current rank: 3
current price:
24 hour volume: 258312000.0 USD
24 hour percent change: -3.3%
market cap: 6803233413.0 USD
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Why can't the price of Steem stand on it's own merits? In other words, why should a platform as unique as Steemit depend on the price of Bitcoin! Is it because Steemit has issues that nobody is talking about?
I don't know of many places where you can buy Steem with USD. Until that is true, the price will highly correlate to the other crypto such as Bitcoin
Yes, but it has its own intrinsic value, does it not?
I suppose you can buy it with Tether.
thank you for info :)
i also think steem should be independent.