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RE: The Manipulated Market Correction and 2018 Market Picks.

in #cryptocurrency6 years ago

So several exchanges have been having issues signing up new people. I have come to the conclusion that the exchanges never expected or prepared for this kind of people influx. Just the sheer amount of users on the CBOE crashed the website. Coinbase, and Bittrex have also reported issues in that regard.

Now for your SBD question in theory 1 SBD = 1 USD however due to the nature of open market, and SBD being a listed crypto anyone can buy, speculate or buy up access supply. Since the Korean market has seen allot of this I would look at what could happen from that perspective.

STEEM is under valued in my opinion, and really still needs to be discovered. I don't see SMT getting the attention needed, and unless a real marketing campaign is created STEEM will have issues getting above $4 USD.

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the exchanges never expected or prepared for this kind of people influx.

This unexpected influx sounds like good news for crypto.

Just the sheer amount of users on the CBOE crashed the website. Coinbase, and Bittrex have also reported issues in that regard.

It’s good to know there’s a viable reason for the error message.

1 SBD = 1 USD however due to the nature of open market, and SBD being a listed crypto anyone can buy, speculate or buy up access supply. Since the Korean market has seen allot of this I would look at what could happen from that perspective...STEEM is under valued in my opinion, and really still needs to be discovered.

Yes, I’ve heard that there was a huge buy in the Korean market as a safeguard against the potential military conflicts brewing.

I don't see SMT getting the attention needed, and unless a real marketing campaign is created STEEM will have issues getting above $4 USD.

Whew…$4? is very underwhelming; and, I have to agree with you that SMT will be of little effect for minnows/planktons. And, the number of whales benefiting from the SMT is also questionable.

It shall be an interesting 2018.

Thanks for sharing your thoughts!

Peace.