Minute To Minute Price Swings In Steem Price Are Exciting!

in #steem6 years ago (edited)

Steem is moving around erratically over the last hour and the day chart looks like what is shown below. I wonder what is going on with Steem, since ETH and BTC are not behaving the same way as it to any degree! Could it be a breakout, a pump, or what? What are your thoughts?

AS ALWAYS, WISHES OF WEALTH AND HEALTH FOR ALL! :)

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hey @biddle, I guess that was HF-20 in action and we are now yet to see its full impact on prices. We can only anticipate though. Do you trade futures? If you do, you should try joining digitexfutures.com before they launch. They are a zero fee futures exchange for bitcoin. They do that by minting a small amount of their native token DGTX. You should try them here digitexfutures.com

wow any idea what happen?

I don't know, no, but I think the price action over the rest of the day will tell us what it may have been! If it keeps going up, a whale is probably buying in; if it goes back down, it may have been a pump, or people are taking profits! :)

I sure will keep my eyes on it in the next few hours

STEEM is the future ...

There's a new hard fork coming up in a couple of hours, perhaps that's the reason 😵

Nevertheless I hope it's a positive sign, heard the new hard fork would reduce delegation return delay to 5day as opposed to 7

Well it's been about time, steem only fell because of the general crypto market. There was much value that was overlooked during the fall

I've always told people that steem is currently underrated, hopefully a positive correction is on the way!

We would surely get it all back ;)

It's nice sign I've seen.
Steem will be moon...

I noticed it as well, definitely a good sign