The Dollar price Of Etherium almost doubled in the the last few days 12-13/December 2017 IS Bitcoin is Preparing for a NEW move?! How Does Steem Compare... Lets dive into it:
Looking at the spike in #Price + #Volume i find asking myself, s this a pump and dump!?(See Chart Bellow) Only time will tell.... However...
..If we look at mililar Bear move in other #AltCurrencies, say Bitcoin Recently. The Bear followed buy a short (Maximum a working week) reversion to the mean / consolidation. Then comes back to the NEW all time High within days. What happens is it moves sideways creeping up for a shot while (with slight volatility as always), picks up its skirt and
keeps going up and Up and UP... That happens at least twice a month NOW!
The workings of the #PriceDiscoveryMechanism are hard enough to define in something like commodities. In currencies its pretty much impossible now.. What about Crypt Currencies? Well i say the more we use them the more value they have. So the Velocity or Currency is a good determination of what currencies will be following suit in the Near Future.
NOW looking at the volume of trades #Steem Holds the all time Record so far! 1,044,574 Million Transactions!
When #Bitcoin Maxes out at 468,064 transaction. Of-course their Market Capitalization is in totally different leagues but hey... that firs rule of #microeconomics still comes to mind, "Buy Cheap,Sell High!"
Steem is Still 1st in terms of Velocity and has been for a while, as mentioned above ETH only passed Steem 2 days ago doubling values & Volume!
Blocktivity
Ill leave the Predictions to you. What do you thing the future holds for these 3 Cryptos?
Im Certainly Not Trading me Steem YET!
THANK 
YOU!
........................................... @RawDoctor .................................