In less than an hour, STEEM gained more than 1200 satoshis, on a significant volume. Not sure yet what could be the cause, but it's a bit too spiky to be random.
Here's the Bittrex 30 minutes chart:
On Upbit, the South Korean exchange which has the biggest trading volume (more than $2 million per day), the 30 minutes chart looks like this:
No real FOMO seems to have been triggered, otherwise we would have seen much higher volumes, so I suppose this is just a small "toe dipping". May see some more coming if there is enough demand.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
I see the volume spike on Upbit, but volumes on Bittrex seem within range. Could be some Korean whales/hedge funds getting into Steem.
Upbit's Steem/KRW pair has more volume than Polo and Bittrex combined: https://steemit.com/steemit/@techwizardry/we-need-more-exchanges-upbit-s-steem-krw-pair-has-more-volume-than-bittrex-and-poloniex-combined
Yep, I know, that's why I always keep an eye on Upbit, although I use Bittrex charts usually for my daily market snapshots.
waiting for the $2 SBDs again
I really need those pumps!
It's probably about to have a big correction now...
I just hope it continues the upward trend, at least for the next few months. I can certainly do with a bit of positive excitement after all the last couple of months.
I've been watching it all night (it's mid morning here).
It got damn close to $2.00
(I dont' like that)
I like it MUCH better when it's OVER $4.00
Where are you looking at the price? I look on blocktrades and did not see it go that low - I check often like you.
steemdollar
and
LiveCoinWatch
![]
(
I have two computers and three monitors.
those and more are running one one (or more)
of them all the time.
Thank you - I will get these going too. Only one computer though :)
Can this be a trigger???
Can't understand why is this pump happening.
Heheh I remember telling you something about 28th of February being the day the Chinese holiday ends and crypto transactions will start afterwards ...today is 1st of March and this happened . Let's hope my predictions come true and if it happens then we will all smile soon.
Weeeeee! I know it's not significant long-term, so it doesn't affect me at all, but I love to see these movements. It's like realizing that my time investments are not really in vain since there's a lot of stuff going on with it. :) Bah I think I get excited over nothing.
e posibil sa fie si celebrul pump and dump:)
The steem pump is good but how high can it really go and how sustainable will it be considering how low it is at the moment. I guess we just wait and see.
Oh dear. I was going to buy some today although for the amount I'm after I don't suppose that rise will make that much difference. I still haven't got my Revolut account sorted at yet.
Don't panic Gillian! 😊
Well if it isn't important, wait for it to go higher, then dip. I reckon you'll make a better profit once it's below the bands.
LOL. I don't even know what below the bands means. It's all still very new to me. I've yet to make my first trade. 😊
This pump is not relevant. Steem does not have a relevant position in the coinmarket, we need to be in the top 10.
Steem moves on BTC backs. This can be someone buying steem to power up. Without more information, we are only speculating.
what is the meaning of pumping?/ some one controlling the market??
I think STEEM is completely under valued, as it's real value and real life people usage is much higher.
"FLY STEEM FLY"..
I think SBD will be around $50 at the end of this year.
Just another wet dream xD xD. But seriously, STEEM could cost 15-20$, SBD couldnt.
Agree with SBD, but how did you come up with that price for STEEM?
Hyperinflation or drinking the steemit punch.
Why?
Because the demand will be high as the platform grows.
Good time to buy SBDs and those who have already converted SBDs into STEEM would be very happy.
Seems like trade side has dominate the crypto market recently. Happy for Steem pump.
Well considering that pumps are usually followed by steep decline I'd be interested to see how high will it go and where will it stabilize after correction. #notafinancialadvisor
I was watching it pretty closely as well ,idk if we are out of the woods definitively but i like the volume.
I pray to rise more.
You say not yet sure what the cause is. That indicates that we did know the cause of previous steem/sbd pumps. What was the explanation for previous times?
Hope it will go really high, it has been so much since it fell from 8$ :)
Let it pump!
I have a little stash of SBD that I just earned and im wanting to trade for STEEM, of course Im trying to do it strategically but Ill end up messing up, haha. I think a nice pump in price of STEEM is what we need around here to get the optimism flowing again :)
Steemians love it :D
Steem is moving sideways since last many days.
There's a vegan discord server. I think you'd enjoy it.
https://discord.gg/QsVz6z
Hold on everyone! Looks like we are in for another ride with Steem prices :). Things have been too calm lately.