What ---YOU--- can do to move STEEM price to $100

in #steemit7 years ago

YOU

can make a DIFFERENCE! Please join us to get STEEM & SBD on as many exchanges as possible.

you.png
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

I hope you take part in this effort to make STEEM great. Please remember to Upvote, Resteem, and Follow. Thank you.

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For a breakdown of how Steemit Rewards system works:

https://steemit.com/steemit/@socky/steemit-rewards-breakdown-a-simplified-explanation-with-illustrations

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Although I don't like Hyundai, I like the analogy. :-) It's true that people are lazy and do things with convenience in mind. On the flip side, the low Steem prices have allowed many new Steemians to join the platform and build their SP without huge $$$ investment.

Steem is low now. That won’t last forever. What is interesting is most people here don’t have a clue to how much earning power STEEM has. Anyone can easily get 25%. Instead, they try to earn from nothing. 25% of nothing is still nothing. It really doesn’t matter how much the price of Steem is. People can still get 25% on their investment. It is like bitcoin at $8000. To invest, a person doesn’t need to buy an entire bitcoin. They can buy a portion of a bitcoin. Now is the time to get in.

Nice post dude, this is really very important, thanks for sharing and more grace to your elbow

We made a major step with the announcement of getting Steem(sad face no sbd) on Huobi today and I'm sure there are many great exchanges to come!

We should focus on getting on the top 10 exchanges by volume too, maybe having campaigns directly targeting these exchanges would be more efficient?

That Huobi listing is going to be exciting

We'll work haaaard for the steeeeem :)

Things I will do if steem hits $100

• Give my landlord eviction
• Climb a ladder and come down with parachute
• Sail the ocean on a log of wood

Just kidding

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Keep fighting the good fight my man. I think steem is being listed on huobi tomorrow. Would love to see it on binance or kicking goong forward. If it ever gets to $100/coin first beer is on me

thanks . this is a very good move. I will follow you