It could last, because Steem was a bit behind compared to other cryptocurrencies. Steem dropped to rank #32 on coinmarketcap.com and is now back at #28. It's still low in my opinion.
However, if other altcoins begin to lose value in the coming days, Steem will probably follow them.
SBD trading via exchanges affected the evaluation here on Steemit obviously, but it doesn't seem that we can see how people might have taken advantage of these fluctuation in regards to their Steemit accounts yet.
I'd guess if people sell gains off the platform then we'll see the process stabilize back around to the levels we've seen for the last month-ish..
I do think we're going to see a a general uptick to the value of Steem over the next 4-6 months, I'm not clear what initiated this run on SBD today are you?
I do think we're going to see a a general uptick to the value of Steem over the next 4-6 months.
Me too. Especially once more news about SMTs is released and more and more people get excited about it. It think many crypto investors outside our Steem community still haven't heard about SMTs yet. The price can go much higher once people begin to comprehend it.
I'm not clear what initiated this run on SBD today are you?
You never know ;-)
It could last, because Steem was a bit behind compared to other cryptocurrencies. Steem dropped to rank #32 on coinmarketcap.com and is now back at #28. It's still low in my opinion.
However, if other altcoins begin to lose value in the coming days, Steem will probably follow them.
SBD trading via exchanges affected the evaluation here on Steemit obviously, but it doesn't seem that we can see how people might have taken advantage of these fluctuation in regards to their Steemit accounts yet.
I'd guess if people sell gains off the platform then we'll see the process stabilize back around to the levels we've seen for the last month-ish..
I do think we're going to see a a general uptick to the value of Steem over the next 4-6 months, I'm not clear what initiated this run on SBD today are you?
Me too. Especially once more news about SMTs is released and more and more people get excited about it. It think many crypto investors outside our Steem community still haven't heard about SMTs yet. The price can go much higher once people begin to comprehend it.
Pump and dump.