Steem/SBD and AgX evolution - 2018-02-12
This is the daily AgX chart for today 2018-02-12.
Today's 200 MDA average is 0.95 for a STEEM/SBD ratio of 0.87.
What is AgX?
The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate.
It would appear that the exchange ratio is dropping and SBD value will increase in respect to Steem.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
늘 좋은소식과 정보로 감동을 주시네요.
The future growth of sbd is something one should hope for despite the waving nature -thanks for the update
Hboi
It's really wonderful idea and platform of Agx @aggroed. I really appreciate your great work.
Thanks for sharing this informative Agx chart.
I think that sounds great.
Good job
upvoted
thanks for the information
so should I hold off on converting SBD to STEEM?
A great explanation for this valuable information.
@aggroed I'm still struggling to get the AgX, can you explain better in lay terms? how can this reading aid my trading activities?
Very informative post Thanks for sharong
Steem will cross 10 USD soon ... I think so