BLURT is now hitting prices on CoinMarketCap that it never has been at before. So I want to give everyone done information about things that are clearly being missed, how to operate in this market, how to make Trading BLURT like a Job, and how to be a factor in the Environment that constantly brings value, as well as possibly creating Tools that will do the same thing, because everything I'm about to say could be done by Bots, but currently it's not being done at all
So what we are looking at is $0.04 BLURT, this is the highest heights it has reach as of yet, but is far from it's full potential. Part of the issue with BLURT is Trade Volume, Liquidity. When STEEM first launched there was actually a page on the Steemit website where you could Trade STEEM for SBD, so in this way STEEM is "Backed by a Dollar Pegged Token", and there was a Liquidity reward, like 100 STEEM every hour for the highest trader, keeping the market most Liquid. BLURT has no BLURT backed Dollars BBD, like STEEM has SBD and HIVE has HBD. So we have to bring in other Tokens and Currencies to meet that Role. We can earn SBD and HBD and use those to Buy BLURT, we have use HIVE-Engine Tokens and use earnings to Buy BLURT, there is even a BLURT Pegged Token and BLURT Yield Token on HIVE, so those are like SBD. You can today make a BSC Token, ERC20, TRC20, Harmony, etc, etc, Token, and start teaching about it on BLURT and make that a BLURT Institution.
Now,
What also needs to be Observed is the difference between ProBit and STEX, this could be Automated but currently it seems no one is doing this day today. No one wakes up in the Morning with $10,000+ in Cryptocurrency on a BLURT exchange, or all of them, in Bitcoin or Ethereum or TRON, etc, and watches the Market. Right now someone could take BLURT from STEX and buy it there for $0.006, less than a Penny. Then transfer that to ProBit.
This provides 2 services, and 1 fear,
So over the past week or so people seem to have been buying BLURT, I believe it is Koreans, and they are spending $0.02, now $0.04, and if you go Buy Coins at $0.006 and drop that to 1 Penny. Everyone lights their hair on Fire, but smart people say "Thank God I was hoping there was another chance to get it under $0.04", and you are actually helping those who are paying $0.04 because they could save money if they shopped around, so now you are doing the leg work and selling it at $0.01 or $0.02, so you make a profit from $0.006, but you didn't rip anyone off, you balanced the Trade Spread. So your services you are providing is in the leg service, abd lowering the price for those smart enough to Buy in on your Price dropping.
So this the creates a more Liquid Market,
What would be great is if BLURT had a Proof of Liquidity (POL) Token, or if Hummingbot or Autonio could be utilized or mimicked, and Guides were written to get BLURTers Automated.
