How you can get STEEM price to go over $100

in #steemit7 years ago

Please join us to get STEEM & SBD on as many exchanges as possible.

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!

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Below is a list of exchanges that are making other top 50 coins valuable. STEEM and SBD need to be on as many of these exchanges as possible. If anyone has any connections to these exchanges, please do what you can to get STEEM and SBD listed.

ExchangeAffiliated locationsFiatMultilingualTwitter
AbucoinsPoland, Dubai, LondonYesYesTwitter
AEXEnglish and Chinese
Allcoin
B2BXNoEnglish and RussianTwitter
BancorNetworkEnglish OnlyTwitter
BigONEYes
BinanceChina, Korea, JapanNoYesTwitter
BisqDecentralized ExchangeNoYesTwitter
BitbnsIndiaYesYesTwitter
BitboxEnglish Only
BitfinexBritish Virgin IslandsYesYesTwitter
[BitFlip]9https://bitflip.li/)RussiaNoYesTwitter
BithumbSouth KoreaYesYesTwitter
BittrexUSANoNoTwitter
BitstampUnited Kingdom, USAYesEnglish OnlyTwitter
Bit-Z
BraziliexYesTwitter
BTC-AlphaEnglish and RussianTwitter
BTCTradeEnglish and ChineseTwitter
BuyBitcoinEnglish Only
ChaoEXHong KongNoTwitter
CobinhoodCayman IslandsYesYesTwitter
CoinEggNoYesTwitter
CoinEXYesTwitter
CoinFalconUnited KingdomYesTwitter
CoinoneKorean Only
CoinrailKorean Only
CoinroomPolandYesTwitter
CoinTiger
COSS
Cryptomate
CryptoxUnited KingdomNoTwitter
DDEX
ExmoSpainTwitter
Exrates
EXXChinaTwitter
Gate.ioUSATwitter
GOPAX
HitBTCUnited KingdomYesYesTwitter
HuobiSingapore, USA, Japan, Korea, Hong KongYesYesTwitter
IDAX
KrakenUSA YesTwitter
KucoinChinaYesTwitter
Kuna
LATOKENCayman IslandsTwitter
LiquiUkraineNoYesTwitter
LivecoinUnited KingdomTwitter
MercatoxUnited KingdomTwitter
Neraex
OEX
OKExChinaYesYesTwitter
OpenLedgerDEX
OTCBTC
Ovis
ParadexNoTwitter
PoloniexUSANoNoTwitter
QBTC
Rfinex
RightBTCTwitter
TidexUnited KingdomNoTwitter
TokenStoreDecentralized ExchangeTwitter
TradeSatoshiUnited KingdomNoTwitter
UpbitSouth KoreaNoNoTwitter
VebitcoinTwitter
YoBitRussiaYesYesTwitter
ZB.COMTwitter

What can you do?

Please fill out the form.

This week we will focus on flooding HitBTC with applications for listing. Instead of listing a new coin, We will just remind them that they need to re enable the existing wallets.

https://hitbtc.com/add-token

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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.

We need to let HitBTC know that there are many people that want STEEM and SBD wallets fixed on their exchange.

Please join me in this effort. Also 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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That's a wonderful thought @socky Yes you are absolutely right steemit is future and we have to contribute our part in it too.
I have done my part. You have explain by taking a great example of cars and languages and thanks a lot for amazing post.
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Thank you for filling out the form and supporting this community!

@socky Done! I'm hopefully Steem will have its own Fiat gateway. Having to buy one of the majors in order to get Steem really hurts its valuation.

Thank you so much for your effort.

Did and done mine my friend. As far as steemit is concerned, steem and sbd is the future. And we shall do all we can to have a wonderful future.

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Thank you for reminding people here that this is a good opportunity to grow this community.