Steem price shot up because it was listed on a new exchange. We can do more!
Did you happen to notice that the price of STEEM went up when it is listed on Huobi Exchange?
The number of exchanges that STEEM and SBD are available on are severely deficient. This is hindering Steemit community and forcing the price of STEEM to remain low. I evaluated the price of STEEM at $109 because a majority of the currency is locked up in Steem Power. When comparing the liquid currency and price to other currencies in the top 50, Steem should have a market price of over $100. Why is STEEM so low? It is just not made readily available because it is on very few major exchanges. Help me change that!
Lets put the lack of exchanges concept in perspective. Perhaps you want to buy a new car. You have plenty of Ford, Chevrolet, Toyota, Dodge, Mazda, Volkswagen, Subaru, and Honda dealerships where you live. They speak the same language that you use. However in order to buy a Hyundai, you have to go to another country to buy it and they don't speak your language. There is a high probability that you would not buy a Hyundai.
This is the dilemma with STEEM and SBD. As a currency, if it is not made available everywhere, then people would likely use something else. In comparison to other currencies ranked in the top 50, STEEM and SBD are severely lacking access. When people don't buy it or use it, the currency has little value and thus the price will remain low.
Other currencies have dedicated teams aggressively convincing exchanges to list their coin. STEEM seems to leave that task up to US.
Here is how you can make a difference for Steemit future.
Two forms to fill out.
#1
We need to let HitBTC know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the HitBTC example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/let-s-make-steem-great-again
#2
Follow this link to an article I wrote about listing STEEM and SBD on Cobinhood. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-request-steem-sbd-listing-on-cobinhood-exchange-by-socky
The Bithumb and Huobi listings are massive wins for Steem. We should be trading north of $10 by the end of the year.
Good work.. thanks for sharing valuable news
I appreciate your blog..
Best of luck @socky
For HitBTC we only put the same information, and include our personal email?
Yes, or create a new email if you want to remain anonymous. Yahoo and Hotmail are free.
last 3 days, it was all over the crypto market that, Huobi.pro is taking in steem. I believe it is just a beginning for the steem. it will go further and further. Thanks for the information. I will follow your steps.
Thank you.
nope..thank you.. 😊
Yea I noticed this yesterday and made a post
https://staging.busy.org/@markeverlasting/wth-my-app-is-saying-that-sbd-is-worth-usd10-27
Then the price for STEEM DOLLARS went away and has yet to be listed again on my busy app thingy.
I like your post very much to me. I hope this is always better post than ever.
bagaimana cara menambang yang mempunyai hasil memuaskan?
Steem and SBD have potential to be on the top of the crypto lists but as it is not possible to buy them directly with fiat currencies, lack of enough platforms to buy them and the lack of wallet for them has hindered their progress. If these problems are solved, much of the hurdles would disappear. However, I am optimistic.
Wow...really good job boss@socky
wow. Thanks for info i didnt know about this.