Over the past couple of weeks there has been a lot of movement on cryptos and silver gold, unfortunately they are moving in the wrong direction.
Gold is getting very close to the $1,200 mark and silver is struggling to get to the $15.50 mark. I think you will see both gold and silver finish the week off lower than what they are right now.
Bitcoin is trying to hold higher than the $6,500 mark. But given that it has seen a double digit decrease over the past 7 days, I feel this one will end the week lower as well.
Steem has had problems now for 2 weeks holding on. This morning it is very close to the $1.00 mark. If steem continues to fall, I will throw a prediction out there, that we will see 0.95 cent steen.
Well I never thought that I would see SBD higher than steem but here it is currently trading at 1 cent higher than steem. Now we all now that SBD is supposed to be pegged at the dollar. So I do not think you will see SBD fall below a dollar.
I am not a financial advisor, these are just my own thoughts, please do your own research before investing.
Stack high and stack hard.
All RED across the board causes a Peak In My Spidey-Senses regarding MANIPULATION.
The Metals Market Manipulation often is driven by paper contracts used for the big boys to actually BUY the physical for actual delivery.
The Cryptos Market Manipulation is anybody's guess. I suspect that Bitcoin is driven down, also driving down the price of other cryptos, so the manipulator can buy the other cryptos at the low price.
Same Game - Different assets.
WASH - RINSE - REPEAT
Yup
Many are noticing that even though there is great news, which usually sends bitcoin higher, it is in fact going lower; what is going on? I can only think it is being manipulated for some reason...
You could be right on this one - its a whales market, and they probably work together to manipulate the price for their own gain
Lots of noise in the financial markets given how the central banks continue to influence in the market through interest rates and asset purchases. It seems that the bubble is now in the Stock and Bond market which has taken the attention aways fron the metals and crypto but I cannot see how it lasts much longer.
Best was Gold investment
If it goes much lower, then it will be a good time to stock up on Steem and several other cryptos!
I continue buying steem, now in Brazil and in less quantity...
$0.95 might even be a conserative estimate for Steem - its been falling for a while now (along with other cryptos) and doesnt show any sign of stopping anytime soon
Thank you for your continued support of SteemSilverGold
Load up on Platinum and bitcoin and enjoy easier days ahead 😜👍