You are viewing a single comment's thread from:

RE: STEEM vs SBD....DO NOT UnderEstimate SBD!!!

in #steemdollar7 years ago

Technicalities and fundamentals are irrelevant to a technical analyst. Besides, just look at EOS. That has a massively increasing supply for the next 6 months yet it has gone up well over 11x in recent months. Fundamentals have yet to apply in this speculative environment!

Sort:  

@grizgal EOS supply was always known from the beginning,so no surprise here. In the case of SBD, its supply rose as a reaction to the recent pump, only in the last month. Initially, SBD supply was very limited. Which was probably exactly the reason it got picked and pumped, relatively cheap to move a coin evaluated at $1, and with only 3.5 mil supply (as it was one month ago).

The one thing that I agree with, though, is that market is always right.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54787.37
ETH 2302.94
USDT 1.00
SBD 2.35