The State of Steem: 5 Feb, 12:17(Texas Time)
I've been looking for this all day.
.................................................................................................................................................................................
It hasn't been pretty.
on the exchanges.
Binance , Hong Kong I think, is pretty much in line with Bittrex and Poloniex...dunno why HitBTC is such an outlier.
Markets
mostly red
today was a good day to buy some bitcoin.
(or anything)
Steem is still at position 26 by market cap but is no longer in the Billionaire club...
and that's it for today.
The position is not cool because as at 2017 steem was at 8th position thats why alot was on steemit because of the value but now if its 26th position on the market cap its not really encouraging. But what baffles me i have been seeing uodates how bitcoin has dropped in value but yet it tops the market cap. Is it that alot are trading on it because its value and price has dropped ,i supose so,i suggest we have to keep our steem due to its trading in on the market cap because less are trading it because of its value ..thanks for this information @everittdmickey.
Well, I am receiving my first hard lesson regarding the high sensitivity of the market; I will take it with tranquility and review daily the information.
most of the cryptos are in a roller coaster ride.
going down
right now.
Im curious why STEEM price is different on all exchanges. Does that mean we can buy for like 4 USD and sell for 6+ on the other exchange?
different strokes for different folks..some stroke at a different cadence.
I was wondering that same thing about buying low on one exchange and selling high on another..
Arbitrage, very profitable just account for withdrawal delays and fees!
I dunno how to do that.
perhaps one day I will.
@everittdmickey I personally think we are going to see a test of the 200 sma, currently sitting at 6k for btc and everything else respectively. In the professional trading world the 100 and 200 are referred too as the bull and bare market margins. So looking back through btc history each time we test 200 a major bounce occurs back well above the 100.
yeah...what you said.
😂😂😂
Nice