The Mysterious STEEM BACKED DOLLARS (SBD) Had Struck Again

The Mysterious STEEM BACKED DOLLARS (SBD) Had Struck Again


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Bittrex

 

Last night I saw that SBD is just pumping, I mean I can see some really big buy orders coming in on top and then it disappears. I thought that something was brewing on.

But I decided to sell half and then set the other half of my sell order a bit higher. But this afternoon after waking up from my afternoon nap I saw that my sell order got executed so now SBD is now past $8.59 at the time of this writing.

The price actually had struck at around .00021930 as its peak at Bittrex and the price might get high even more because of its high demand among the Korean community of STEEM in particular and some other traders because of maybe SBD's speculative potential to go up much higher.

SBD had the history of getting unpegged from its supposed $1 dollar price but people trade it and bet on it to get higher hence the price today. So if this trend goes on and on then SBD will surely break its all time high of around $16 or something like that before maybe returning back to a lower price or maybe not because of the bullish potential of BTC that pulls every crypto up because of its projected price.

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C尺丫尸丅口尸工乇
C尺丫尸丅口尸工乇

𝔚𝔯𝔦𝔱𝔦𝔫𝔤 𝔪𝔶 𝔴𝔬𝔯𝔩𝔡 𝔞𝔫𝔡 𝔠𝔯𝔶𝔭𝔱𝔬 𝔱𝔯𝔞𝔡𝔦𝔫𝔤 𝔣𝔬𝔯 𝔪𝔶 𝔪𝔢𝔡𝔦𝔠𝔞𝔩 𝔫𝔢𝔢𝔡𝔰 𝔞𝔫𝔡 𝔬𝔱𝔥𝔢𝔯 𝔫𝔢𝔠𝔢𝔰𝔰𝔦𝔱𝔦𝔢𝔰


Profitable Speculative Cryptocurrencies
Profitable Speculative Cryptocurrencies

Cryptocurrency prices are more often driven by news but also they are moved because of their history. People will speculate about the value of a coin because of that among other things which sometimes fundamentals are just thrown out to the window. We just have to do our own research before making our own judgement when buying-in for the cryptos that we so chose to trade and invest with so that we can make some profit and gain instead of losing money as these kinds of assets are highly volatile.

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