Dear Loving Steemians,
Today is bad news for those who have traded last week in Steem. From the data above clearly can be seen that today Steem Dollar Price decline sharply compare with last two days.
compare with today SBD price:
From The line graph can be seen SBD price on 04;00 pm is $ 3.40 and deline sharply to $ 2.90 0n 12.30 am today.
The factor up and down the value of an item
According to Supply and Demand Theory
The law of Demand: the lower the price of an item then the more those requests. Conversely, if the higher price of an item then the less the demand for such goods.
Law of supply: If the higher price of an item, the more the number of such items will be offered. Conversely, if the lower price of goods it will be fewer such items will be offered.
Menurut Teori Suply (Permintaan) dan Demand (Penawaran)
Hukum Permintaan : menyatakan bahwa semakin rendah harga suatu barang maka semakin banyak permintaan tersebut. Sebaliknya, jika semakin tinggi harga suatu barang maka semakin sedikit permintaan terhadap barang tersebut.
Hukum penawaran: apabila semakin tinggi harga sesuatu barang, maka semakin banyak jumlah barang tersebut akan ditawarkan. Sebaliknya, jika semakin rendah harga barang maka akan semakin sedikit jumlah barang tersebut akan ditawarkan.
What is the factor Cryptocurrency decline sharply in this lately???
In summary, this is caused by the central bank in some countries such ac Indonesia, thailand, Russia, China etc,prohibit the transaction of crypto. Several Famous Social Media such as Facebook and Instagram also prohibits to promote about crypto.
most of analysators predict those banned promotion affect crypto price
kenapa harga Crypto akhir-akhir ini melemah???
Secara ringkas, hal ini disebabkan oleh bank central di beberapa negara melarang transaksi crypto dan Media terkemuka seperti Facebook dan Instagram juga melarang menampilkan iklan tentang crypto.
Informasi lebih lanjut tantang melemahnya harga crypto tertentu akan saya ulas pada kesempatan yang lain
Reference:
crypto banned promotion
the country banned crypto transaction
"Postingan ini hanya bertujuan untuk Education Purpose"
Just like every other currency the price of sbd's is also falling. Looks like the price will go as low as 1 Dollar.
yes right, I saw all crypto price decline. what affect of this price @themobilewriter??? do you know???
Not looking at the prices of the coins would be best thing to do right now. 6 months or one year later the story will be completely different. There was already a worst crash on the first week of feb this year.
last week I bought BC because I predict this early mount will increase it price and I also bought SBD,,,,
Today's crypto market crash is a mixed reaction to stock market and an alleged Binance Hack. So just wait, the price will be back to normal again. Don't worry. Just 15 more days and you will see price back to where it should be.
when the SBD will 1 Dollar? I want to invest when SBD $1..
No one actually knows when it will be back to 1 dollars. There are predictions that suggest that it will takes some months. When more SBD gets printed the price of sbd will automatically come down.
Investing in SBD isn't good choice unless you want to buy it to use it with bid bots. Better invest in steem or steempower.
Yes,, I agree with you @themobilewriter.
SP is the most important one in Steemit
Every altcoin like Steem is closely tied to BTC. In times hard like this, evenmore so. Every, every alt follows the movement of BTC. Look at the charts, and keep it in mind. https://coinmarketcap.com
The king of alcoin is BTC, this is the exactly word to explain