Bitcoin Forum

steem and sbd in last hour had big pump. sbd from 12k sat to 46k sat. any reason for pump ?
im holding both for long term.
it seems pump is not over yet ?

result of pump and dump groups

I was surprised how cheap Steem was in the market. Suddenly learned that SBD was pumped! I checked the price and was shocked to see it at $2.I did not even got the chance to sell at high price, it's a lost for me.

Well Steem has potential. It could be because of pump and dump groups, yes. or it could be people that are genuinely interested in Steem for the long term. We've seen way bigger pumps with Steem when it first came out, price was like 0.005 per coin or more.

Now that it's at 0.00015 or less, i could realyl see the case for holding Steem for the long term.

Also another thing is that EOS, BTS, basically everything that is Larimer related has been pretty bullish recently. Steem hasn't, and now it's getting some pumping as well.

It just some pump group doing that. Those altcoin have nothing too special.  ;)

now the coin is almost on the historical bottom. At the same time for the last 6 months, she only fell. It certainly has an interesting idea, but it is unlikely that the idea of ​​having organic growth will give big X. What we see now is speculative interest in the coin as a result of the temporary tranquility of Bitcoin

Please pay attention to DeepOnion then. It will be the next great one

I did not see any progress of Steem and heard nothing about Steem today, so it could be pumped by traders... The trading volume is not high, so such pumping always happened in any alt coin.

I have checked the charts and I hope that it will rise more in the future. It would be so good the see steem's price higher.

steem and steem dollar always be like that,
it was not their first time doing it so it's not surprising to see this kind of move.
a year ago they're pumped to the sky and moving 100x from its average price,
so something like this can not be considered as a pump by them because they can get more than that.
but for their future ? i can not see any significant change that will happen with them

According to Poloniex the high for steem was 15k sat, so not much of a move at all. see

https://poloniex.com/exchange#btc_steem

It's not a work of pump and dump groups I think. They intentionally pump Steem and steem dollar coins. One said that owners are dumping hard these days so it's improtant for them to keep the price high while dumpin their holdings.

steem has big potential especially dtube. can grow 5x in future but i couldnt see any news for yesterday. normally sbd has 10-15 btc volume on bittrex daily but since yesterday  2.3k btc volume. i dont think its just dump pump , there is something we dont know yet maybe :)
it seems can do it tomorrow also. new dumping is on the way or big pumping ? :)

Actually steem is blogging platform where you will get compensated with steem dollar so it is actually something but talking about all pumps/dumps it usually have is just like what other alts have nothing special events or nothing is triggering this pumps.

SBD still good to play for some quick bucks. ;)

I only hope eos will pumping or at least becomes 2 times bigger cause I bought it on OWNR wallet 2 weeks ago