Steemit and SteemDollars!

in steemit •  12 days ago

Wassup Steemians, A warm welcome to all of you! :)

main_steem.jpg

A short post on Steemit and SBD chart update

First of all I personally want to thank the steemit community for the work they are doing and by landing such a good social platform which attracts new users to explore steemit due to the rewards they offering and more especially how can we forgot DTUBE which will hopefully be one of the top competitors of YouTube in upcoming years If everything goes well.
Here are some stats of what Our Steem community

steem_stats.jpg

The Steem Dollars

Forming a Symmetrical triangle
From last few days following the chart of SBD and there are good chances of the chart to follow the same

steem_1.jpg

Below are two cases of charts/possibilities of how SBD price may react in upcoming days.

steem_2.jpg

steem_3.jpg

There are possibilities of SBD following any one of them we need good volume and news to support and break the symmetrical triangle from up if it breaks from down we may see a further dip.

Here's how price has varied in the last 7 days of SBD (Data from Coinmarketcap)

sbd_data.jpg

If you are closely observing/ trading SBD coins then we can see the price have almost double in last 7 days!

I have posted some charts and have expectations/assumtions on how SBD may react in the upcoming period. However, No-one can predict the market accurately.

Invest only that part of money which you can afford to loose.

Thankyou,
Please donot forget to Follow me -> @msteemian to get daily updates image

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Wonderful news. I want to see both Steem and SBD continue to go up, up, up!

Personally, I'm happy to see SBD on the rise.

Dtube is growing rapidly! I say the triangle breaks upwards!

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With more users on Steemit price of SBD will go up for sure. I think that number of 334k users is wrong.I have read that January 2018 was best month ever and that now there is more than 500k users. Thees numbers are still very low and I am sure that Steemit will have more than 100M users in future. Whith 100M users SBD price will be much higher...

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Yeah and the rate of growth will increase as friends bring more friends (network effect). but 500k users is extremely good growth if it was just 330k a month or so ago. Do you remember where you read this?

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I wonder if it would make more sense to just convert SBD into STEEM and power up immediately. The price of STEEM tends to follow the price of SBD and powering up helps you earn rewards on the platform. Earning rewards may become more difficult as the number of users increases.

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You are right. Only thing is that then you can not use your steem if you want to withdraw it immediately otherwise powering up is the best thing.
That way you are supporting the platform and other users and in return community supports you.

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yes i bought in at $5 myself im sure as money comes back to market some will make its way to steem and drive up the price soon !

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Bittrex may open new users very soon which could really help STEEM and other alts.

Im a noob here but i just posted about it

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Oh, don't worry. Just HODl lol. We will see good days.

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Yes, that's true but SBD's price will only be higher if witnesses will not control it or bring back to equal to $.

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It is my opinion that Digibyte is one of the best crypto currencies and will make a lot of people wealthy as the adoption rate of Bitcoin grows. I'm not going to bore you with a technical analysis of the project, but rather provide my theory as to what the catalyst will be that makes the price of this coin rise in value.

The Digibyte team are geniuses from a technical standpoint. I'm sure if you are reading this you are already aware of the superior asset Digibyte is to other cryptos. The problem lies in marketing. With the adoption rate of the most popular crypto Bitcoin under 2% it is no surprise that very few people know of Digibyte and their nerdy crew. But no worries because Bitcoin is going to save the day.

As the masses become more familiar with Bitcoin and merchants attempt to implement it as a payment choice the faults of Bitcoin will become known on the big stage. I can see the morning news now talking of 10 minute wait times at Starbucks for a Bitcoin confirmation to clear. There will be a desperate search for a faster more secure payment method in the crypto space. And there with their big dicks swinging in the air will be Digibyte to the rescue. It is simply the natural progression of any new technology. Bitcoin is like Motorola and Nokia, but Digibyte will be Apple and Samsung.

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I've heard that before.

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Recommend me @nasir83, I am free writer. I'm new to steemit and still need to learn from experienced people, if you please follow me and help vote some of my posts, thank you. https://steemit.com/indonesia/@nasir83/level-44-is-full-of-meaning

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I have to give it to you, your very optimistic and biased. Don't let your emotions dictate your investments. Because Digibyte is a drop in the bucket with over 2,000 other coins. But I agree that as more people begin to understand the technology behind blockchain, the price of all coins will go up. All I know is that if Bitcoin doesn't implement the Lighting Solution, or SegWit ; Starbucks won't accept it.

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I love steemit and am starting to get hooked on it... I really want to start writing content on many different subjects and also would love to make some videos on places where I live so that people that are thinking to visit Australia will see what the south coast of Australia has to offer.. Something I can put on Dtube ,

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nice imges

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What's really funny is that you just said the same thing a few comments ago, only THAT time, your comment was to a girl who was advertising porn.

favoritestupidcomments

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I agree with you I think its a bunch of hoop law and how can he get so much money posting this hoop law anyway??? followed you if you would a follow back would be nice...

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@suf1an, i couldn't agree less with you. its good to see SBD doing well now, we hope to see further increase in days to come.

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Me too! Always great to see a platform that benefits users!!

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wait for it man we will see this SBD at $10 soon because the users are joining this community is huge which will boost the price of SBD for sure.@sifi1an

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Hopefully it will be.

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Hi...All of the steemit members...
hey, Guys i am new member in this community.... i hope make me as your friend as soon as possible

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Welcome @purpleoyester
you got a new follower

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Hi there. I'm also new to the platform. Welcome.

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Welcome to steemit I hope you will enjoy Steemit it's such wonderful social media platform

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Sure not a problem! :D

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The Father of Giant Panda

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In a year people will be begging for $8 SBD haha!

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All of us are happy now because of the very good performance of SBD. Currently, bittrex don't accept new applicant. I hope they will accept new user soon.

Everyone seems to prefer a pump in sbd than a pump in steem. Always remember steem price determines how much sbd you would get from a post anyways so lets hope for both to pump hehe

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Why yes I agree, this talk of SBD and Steem. yes, Steem price does determines how much SBD you would get from posting in anyways so people lets realize Steem determines SBD so yes lets hope both to pump up hahaha lol!!!

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I am really happy to see SBD performing well as I am holding some when it was at $9.

Great topic! This was some interesting info, however I thought there were quite a bit more users (like north of 650,000) and not the 334,000 on your post. The website might be out of date but correct me if I'm wrong because I just kinda thru up a bit in my mouth!! Lol. But, it that user number accurate? Also, I just did a post on a similar topic but touched on it in a slightly different way. I you have some time, check it out and let me know what you think!! Thanks for the post!

https://steemit.com/steem/@brettcalloway/quick-thought-on-sbd-vs-steem

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Yea sure man I'll check it!

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good imges

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There you are again! Is there porn this time??? Naw. Oh well, better luck next time.
favoritestupidcomments

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yes you may be right it may be not be updated but we should not relate the numbers here because the people are really attracting to this steemit community we are going to be a huge community ever.

It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great steem financial system.

Incredibly excited to be on this new platform. To the freaking moon and back!

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Incredibly excited to have you! I read how you got your username. That's pretty clever. Best of luck!

To the Moon ;) ha!

glad to be apart of the steemit community

hope that Steem will go to moon!

Do you know why SBD is going past its 1 USD peg and even surpassing Steem in price?

Steem to the moon

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This comment has received a 3.13 % upvote from @speedvoter thanks to: @hurrahay.

SBD will have stability and will always grow!

330k+ users. community is growing quickly. Where would you say the confirmation of an upward breakout would be confirmed?

I think fundamentals are in favour to breakout.

as i am new member in this very helpful post.
plz upvote my blogs and this comment if u like

Thanks for educating the people!

thanks for the info

Currencies such as SBD are arguably the toughest cryptos to predict, since there's that regulation aspect of them. However, 0% interest has clearly done little to stunt its growth, showing its huge demand. Personally, I just try to find a decent exchange rate and convert to STEEM. The thought of it having a huge downward correction isn't a pretty one!

Thanks for the info! I need to buy more SBD. It will go up soon!

I feel as if everything is starting to stabilize and consolidate here, the movement up will be slow I believe. But that's just my personal opinion, everyone should make their own decisions and 'DYOR'.

good post..i would like to see sbd go to 20$

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Why stop at $20?

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i am followed u:)

Great post

@msteemian
you got an upvote and a new follower

thanks for the chart analyse!

thanks for sharing this #steemit news, I'm thankful for this.

This is always too hard for me,
But this post helps me to do :)
Thank you for the information.

Great post! I Upvoted and followed. Do the same and we can support one another.

This is awesome. I'm learning a whole lot of new things here. Thanks to #steemit.

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Hey noob! Don't get mistaken for Spam. Your reputation depends on it!

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Ok.;)

user account 334.25 k, i don't think it's the right number, as far as i know there are more than 700 k member in this community...

steemit friends can I mintak information about how to make a photo photo like that. and what is the name of its application.
there is no mistake it we share knowledge. and teaches science that know in its know. so there will be future generations to come.

This post has received a 36.13 % upvote from @boomerang thanks to: @msteemian

plz help lower steemitian who are in a upper position in steemit...we should help each other..we all need help..support us.. thank u

thanks for nice info ! Very interesting :)

@Rozpatrz follow my blog [PL/ENG]

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Welcome to steemit I hope you will enjoy follow me upvote I will will support new users on steemit

Nice post. 👍👍👍

Thanks for the info , it was very helpful

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@msteemian. Thanks for this. It's helpful. very indeed

You got a 13.36% upvote from @buildawhale courtesy of @msteemian!
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very interesting :)

Other than getting a good trade from SBD to Steem. Why would we want SBD to move away from the $1 peg?

I am very happy and happy to see sbd $, thanks for the information sbd $

nice insight about steemit, i am also a firm believer of the vision for steemit becoming one of the main competitors of fb and dtube doing it as well.

it's quit good to see SBD performing. thank you @msteemian :)

God'sgrace.!

Thank U nd Good job

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Hey noob! Don't get mistaken for Spam. Your reputation depends on it!

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Post and follow me @mahendra23

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Hey noob! Don't get mistaken for Spam. Your reputation depends on it!

thank you

Good. increase knowledge

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Generic comments could be mistaken for spam.

Tips to avoid being flagged

Thank You! ⚜

my knowledment about steemit is still poor. my be your post give me a little bit help. thank you for sharing @msteemian

SBD sauce

Nice post, thanks, you really deserve to be followed.

go go go. :D

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Go go go Joseph you know what I mean!

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Binance needs to list SBD! That would be great for it and the platform.

I have the certainty that dtube, steemit, will be in the near future a platform of frequent use, of an immense majority of the world population

Steem has shown itself to be a lot more resilient than a lot of other coins out there. I wouldn't be surprised to see steem take the lead in the next bull run.
I really appreciate a good analysis but have you checked out the volume in the past week. I haven't seen it so I am not sure but I think it is worth a look.
Anyways UpVoted!!!

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Yes we need good volume support to break and start the run :)

As now the market also getting up some values & also the steem & SBD to boost in coming days .

Nice one msteemian. Really positive and inspiring post. I am new to the Steemit platform but I absolutely love it so far. I would really like to see the Steemit platform and Dtube completely blow Youtube right out of the water. Youtube is clearly controlled by the globalists with their agenda of global dominance and their ever present push towards a centralised government. Steemit is completely the opposite of that and for that reason alone the world needs platforms like steemit. Great post, thanks.

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This post has received a 49.08 % upvote from @booster thanks to: @msteemian.

Nobody follows me :(

Good... post

Hi...All of the steemit members...
I am new member in this community ....this is awesome and valuable info .... thanks!!! @msteemian

Very good, please vote me mister.

greatstuff !!!! Awesome content !!

quiet helpful buddy, nice information

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Thankyou!

good post.

Thanks for sharing this! I'm new to STEEMIT and I just bought 110 STEEM and I'm trying to figure out how to use it!

Congratulations @msteemian, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Dust account holder (accounts that hold between 0 and 0.01 Mega Vests). The total number of posts by Dust account holders during this period was 17790 and the total pending payments to posts in this category was $4277.36. To see the full list of highest paid posts across all accounts categories, click here.

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Its good to see short term gains but like all other investments we need to be in it for the long run. We have no way of accurately forecasting where the Steem will be in 2 years time but hopefully it will be much higher that what it is worth today. Keep a steady nerve

Thanks for the info. I have already been hodlimg Steem for about a month. I know Steemit is the future of social media and can't wait for an app in the near future.

Its really great to see steemit growing very fast everyday,its nice to be part of this great platform

helpfull information
Thanks for sharing it with us

I have not tried dtube yet, but I certainly will

grate post ! That is hepl for newbie.
And I resteem your post . Thank You

i love !!!!! steemit !!!!!
very useful & safe service
thank you for share

we all know steemdollars are gonna raise because the way people are earning so much on steemit will definitely raise the price of steem dollars,

Great post! Definitely good food for thought. The entire Market has been trending upwards this week! I hope we start seeing some positive movement in the crypto world now, that it has finally corrected itself! I just bought more steem power today! 🤘 image

@msteemian - Have you thought of overlaying over crypto currencies to verify if this is the market in general bouncing back or if SBD is being increasing favorably compared to others such as BTC? In theory, the variance between these will vary with the goal being to see SBD incrementally decrease the variance to BTC.

Just my two cents.

-Tony

Thats what we call great post, valuable, high value content, thanks @msteemian , I wanna learn how to made successful post like you did. wait the next.

Hello lovies am a new member here plz upvote me

Thanks for the update @msteemian . I will follow you

Man, thanks for such in depth overview and analysis - excited to see the future of Steemit.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @upme valued at 158.73 SBD, based on the pending payout at the time the data was extracted.

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Great post! thanks for such in depth overview and analysis all together

Good job m8 i am also cryptofan seeing lots of potential in those coins written 2 articles atm but not sure if anybody know about earning other crypto through their phone obviously u can steem through phone but there are apps for eth and btc every little helps check oit my art

What is future of SBD! I'm not sure it will be good but steem is very successful in future

Very informative and very helpful. Looking forward for the up trend of the SBD

Thanks for the analysis and info! Still being new to the crypto / blockchain world, I appreciate posts like these that are concise, to the point, and help me form my own expectations as I learn.

Someone like me who doesn't fully grasp all the different graphs/changes in various cryptos / SBD will find posts like this very helpful learning. Cheers!

i have enjoyed your topic ,i do appreciate your efforts ,i up voted you and re steem it ,i followed you as i would be very pleased if you would appreciate my comment .

Very helpful posts @msteemian

Thanks

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your welcome!

yeah SBD is in good condition aluring new member like me

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Welcome, have a great journey in steemit <3

Woww great topic there keep it up

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Thankyou, keep following :)

Great post!

Awesome and valuable info :) Thanks! @msteemian

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Cheers Man!

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Hello friend, sorry I am new to the platform, I hope you can help me with your experience in this medium, so I can do a better job and learn more to post, thank you very much

@msteemian Excellent article!

Thanks for sharing

Excellent article! Thank you!