Steem Price Spike On Wednesday In Layman Terms?

in #share2steem5 years ago (edited)


Looking at the Steem price sharts, I noticed a big spike on Wednesday. I was wondering if someone could explain this to me in layman terms...?

What could have caused this spike?

Why was it gone again instantly?

What did it mean?

LOL! Soooo many questions...



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#idontgetit




simplymikeonsteemit


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Glitch? It doesn't seem like there was any volume difference and nothing else changed!

Kind of a disappointment, lol. Something more spectacular would have been nice :0)

Well, it's only one person's opinion! I would bet on API glitch before grand conspiracy!

Lol Gosh I'd be very keen to see if anyone could answer this one. I did see an some unusal volume and purchases that were marked as an outlier on Bitthumb according to CMC data though

Steemmonster. That is the answer at every question in my life just now....

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Hola @simplymike! Ojala esos picos sigan subiendo, y se mantengan, no se decirte porque, subio ni por que bajo, solo espero que se mantenga arriba y estable, seguiremos esperando, un beso.

I noticed it on coinbase graph also. It jumed to 54 cents or something for just a moment. My best guess is someone made a large transaction and fat fineed the numbers a bit. So most likely someone lost their ass on that trade.

I am interested to know the sudden rise too! 😰😰😰

But if you asked me I think steem just had a stroke for a split of a second there.. hahahahahaha sorry i cant help it!

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