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RE: STEEM - We should test soon the resistance line for the third time
do you think STEEM/SBD will rise in line with BTC or become more independent?
do you think STEEM/SBD will rise in line with BTC or become more independent?
That's exactly, what I just wrote. All these charts mean nothing as long we are dependent on BTC!
Yeah just checking I understood what you've done correctly! Would be great to see us deviate in an ethereum-like way, potentially if we see Steemit subscriber number increase significantly?
Well, Ether is also dependent on BTC. What needs to happen is that exchanges open up to alternative trading pairs.
Do you think it's trite to artificially increase trading volume if a trading pair has low transaction volume? For instance, a lot of X/LTC on cryptopia; would you be for, or against, artificially boosting the volume of, for instance, PRL/LTC?
I would prefer trading pairs with a lesser volatile currency. At the moment this is only fiat and before we can think about increasing volumes, there have to be more STEEM/Fiat pairs to get independent.
For sure. If STEEM gets listed on COSS then that will inevitably list a STEEM/USD option if they get their fiat pairings go ahead as planned.