You are viewing a single comment's thread from:

RE: Bitcoin officially labeled "Most crowded trade on the planet", but does that mean it's going to go down?

in #bitcoin • 7 years ago

I believe bitcoin will burst, not in the near future.. Irrelevant to me anyways as steem is pegged to the US dollar haha

7 years ago in #bitcoin by
$0.00
    Reply 3
    Sort:  
  • Trending
    • [-]
     7 years ago  

    STEEM follows closely with BTC pricing if you watch. BTC up and STEEM up. And vica-versa. If you think price of BTC and steem are not relevant to each other, then you are an idiot.

    $2.07
    • Past Payouts $2.07
    • - Author $1.55
    • - Curators $0.52
    2 votes
    Reply
    [-]
     7 years ago  

    totally agree here. It is not only STEEM which follows closely with BTC. Almost every Cryptocurrency follow BTC currently. I hope this will change in the future.

    $0.79
    • Past Payouts $0.79
    • - Author $0.79
    • - Curators $0.00
    1 vote
    Reply
    [-]
     7 years ago  

    Actually steem is not pegged to the USD, SBD is pegged to the USD.

    $0.85
    • Past Payouts $0.85
    • - Author $0.85
    • - Curators $0.00
    1 vote
    Reply