Steem/SBD and AgX evolution - 2018-02-22
This is the daily AgX chart for today 2018-02-22.
Today's 200 day moving average is 0.93 for a STEEM/SBD ratio of 0.83.
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.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
This is a good information.. Nice job.
Nice post
Buenas noches amigo, excelente post,saludos
I am extremely disappointed with the price of sbd. But I think now one of our big opportunities to buy steem. . @aggroed
very useful post
@aggroed The trend could be changing i think and i had hoped to be able to cash out my SBD and power up more Steem. Unfortunately it’s looking at present . Thanks for your evolution
Thanks alot for the info, seems the market is going a bit down. Would have to wait abit to see.
good tool for the future, but could you explain the concept a bit more. What is a good ratio to sell at, high and low etc
It's increasing,
I think we should convert our sbd in steem.
Thanks for the information @aggroed and if you got some time please have a look on my recent post about Steem witness and please give me your valuable feedback.😇
We have a small group of 3 who specializes in buying SBD and converting it to STEEM to sell at a later date. I know the Mayer's Multiple will be of help for me and my group members. God bless the person who birthed this.
Yeah its seems to be good news
Thank you for the post sir