It's freaking insane! Come on now, which one of you is pumping up the price so much? Lol!
I managed to catch the action albeit without a single token to sell! Sucks I know! SBD price looks absurd to me and I can't seem to make any sense out of it! Nonetheless, this is what it looks like!
If you're the kind who makes hay when the sun shines, then now is your time to make TON of $$ if you were holding Steem or SBDs.
Btw, Bitcoin hits $14,000!
It's great to see Steem and SBDs go to the moon but I'm trying to figure out why we're having this pump. Let's hear some opinions shall we!?
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What if SBD becomes the new Tether like JB says? Could be a wild ride for Steemians. This whole project is vastly undervalued currently. Keep up the HODL and earnings with SP for a while. We're going to $5+ after SMT's boys and girls. I think possibly a massive SBD holder converted into STEEM. Could be the bigger longest pump and dump we've seen to date.
Hey! Cant really figure why the price hike, but one thing is sure, i am gonna grab as much profit as i can before the downwards spiral(if that happens).
Btc on its own world rocking the high and highs. Good thing if you holding btc. When it dumps tether and gain more btc even.
Am loving the trend anyways, at the correction may be traumatic, so make as much profit as you can now, so when it corrects you dont loose much.
I'm having this same convo right now lol.
I don't quite understand it myself, how SBD can be trading this high...
Steem seems to be following it all be it at half the price.
And of course BTC will likely continue to rocket until end of Dec or early Jan.
Although the other side of the coin could very well be that it never really corrects (as much as we all think it will) bc of the influx of a potentially endless supply of new users and/or investors who never want the price to drop to an affordable level ever again (as a means of control Mwhahahahahaha)...
Yup I noticed this too. It's actually interesting to see the SBD is trading much higher than Steem, when historically, SBD has stuck around just the dollar mark. But great overall.
I heard the rumor that when Tether had issues, that people were deciding that putting money into SBD was safer. That maybe the case.
I really don't understand why sbd hits so high price..
Seems rather crazy @firepower... but here's a thought: BTC has been rocketing for a long time and might be entering "speculative bubble" territory... so maybe people who are looking to invest in cryptos are seeing those (like Steem) that have been underperforming for several months as a better chance for some gains.
Look at it this way: If Steem had just stayed EVEN with BTC for the past 90 days, it should be sitting at around $4.00 right now. But until last week or so, you could get it for under $1.00. This might just be some "real" relative revaluing...
Steam BASED Dollar. lolable.... lets skyrocket!!!!
That's what's up.
yes, the world of cryptocurrency is cryzy now, just 52 minutes ago I've writen STEEM DOLLAR IS MORE THAN $6 , I hope the price will stay the same and don't go back to the old one.
Is it a real pump or just steem dollar come back to his real price ?
Without real kind of news that I can find ... I just find that SBD and Steem price increases to be a bit unnatural ... like you, I'm wondering if its a pump/dump.
It only have one explanation: Aliens! :D
Good one! ;)
Great to see steem getting closer to its previous glory :)
I am in this for the long-term. All my Steem is in the form of Steem Power and I have no plans to power down any time soon.
Steem on!
It's crazy!!!
Poloniex pending deposit (edited)
How long do they take? Sent over an hour ago and it's not even in pending yet...
Maybe someone with a huge load of money mistunderstood Steem and SBD and picked the wrong one.
good theory
Good theory
It is crazy...I placed an order using BTC just before the fireworks...unfortunately STEEM jumped 50 cents during my transfer.
Oh well....in at $2+...need $4 now.
Looks good to me 👍🏼 😀
Keep blogging!
I was just wondering the same thing! I checked the price before I left work, and then checked again 20 minutes later when I got home to see all of this madness going on!
Yes, this morning i was shocked by the price of SBD. I hope it is not just a balloon.
All I am wondering is when the dump is gonna happen... SBD worth over 6+ dollar, lol!
https://steemit.com/friend-firepower/@ahlawat/only-friends-true-friends-meet-very-hard-meghan-naik-firepower
Great news about the increasing price of steem, sbd, and also father of crypto currency bitcoin. I am not so much expert but I think it will be great benefits for us. Thanks for sharing such a valuable information, wish you a very happy and beautiful time ahead my friend, happy steeming.
Crazy times! Let's all enjoy the ride.
Good news for steemians.
Yeah it is going crazy... must be something behind the scenes? Or people actually getting wise to this great crypto.
firepower! regards brow
Perhaps it some steemizens who have been banking off of btc, bringing some $$$ back into the fold
Crazyy winter shiveringg... @firepower 😀😃 Steem prices keeps me Steamed....SBD prices is soaring HOT..😃👌🍷..keeps the price skyrocketing..a well deserve christmas gift for all.....🌲🎂
When the pump started a few days back it was coming mostly from a South Korean exchange. Not sure if that's still the case but for some reason they just love em some sbd.
Is that good or bad?
I noticed it too, like 2 hours ago. But i also jad already exchange everything i had a couple days back! If i had only known haha. But I guess it’s all part of the game.
I was so happy when i was able to turn 52 SBD into $110 and now t seems like if i had waited I could’ve turn it into $ 364 !!
Oh well, maybe the price will remain high and later i will be able to make some bank haha. Who knows ? Let’s see what time brings us.
Same thoughts. Sudden surge that to this extent is not easily digestable.
My initial thought were that most peopl are cashing on it so the price should sink in few hours but this was crazy.
If there is SBD "Convert to Steem", there should be Steem "Convert to SBD" (using feed base price) to correct and peg the SBD to USD.
I really think that the price jump has a lot to do with SMT project announcement by @ned.
Obviously, Steem blockchain is worth much more than what the Bitcoin is at now. The transaction fees has literally increased to a lot e.g. 4-5%. I was shocked to see that yesterday.
For instance, I was transferring 0.022 to some wallet and the fees asked was 0.001 bitcoin. In terms of speed, it is the worst cryptocurrency with validation time of 24 hrs sometime. Unlike Bitcoin, Steem has a block time of 3 sec on average.
I just hope that Steem shows a monstrous rise by the end of 2018.
And being a developer, I will ensure this happens at least from my side.
Looking forward to develop lots of social platform based on steem-blockchain.
17$ now :D Wohhooo
its going up again and again and i just think when it will stop but i still beleive in buy STEEM with SBD so hope STEEM will Rock soon like SBD
I’m very new to this platform and still trying to figure things out. What is your opinion on choosing the percentage payout? The default being 50/50, is that 50% Steem and 50% SBD? I’ve been reading as much as I can between the breaks in “regular life” but I still haven’t wrapped my head around it completely... if that were the case though, wouldn’t it be beneficial to change the percentage? Just curious on your thoughts and following for more good info. Thanks :)
That's right. If you select 50/50 that means half of the payout will convert into SBD and another half to Steem power. But, keep in mind that 25% of the total payout will go to the curator and whatever is remaining will be converted in Steem Power and SBD.
Thankyou.. I felt that was true but was second guessing myself :)