Anyone know what is going on with Steem?steemCreated with Sketch.

in steem •  last month 

I just checked on the price and it is up like 55% in the past 24 hours

That is a bit unusual with how it has traded over the past year.

Anyone know what is going on?

I am not complaining at all, I love it, I just wish I wouldn't have converted some of my steem into steem backed dollars thinking they would go back up to a dollar.

Either way, is this pump random or based on some news?

(Source: https://www.coingecko.com/en/coins/steem)

Will it hold do you think?

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Voice is moving off of EOS.


Posted via Steemleo | A Decentralized Community for Investors

Is that the reason for the pump? I feel like that news was known a couple days ago?

  ·  last month (edited)

Convert it back to STEEM :) the feed price is still around $0.195 so 1 SBD -> 5 STEEM. Conversion takes 3 days though so the feed price will slowly rise.

Or - we might have a pump on SBD too.

Isn't the debt ratio still over 10% though?

No idea to be honest but this is a conversion finished 20 mins ago:
Screenshot_20200118_211907.jpg

  ·  last month Reveal Comment

Yes yes, but steem was outperforming just about everything, which is a bit unusual.

  ·  last month Reveal Comment