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RE: Steem added to the Bithumb Exchange! Now on 4 of the 6 largest Cryptocurrency Exchanges!

in #steem7 years ago

true, but it also means that there is more traffic in transactions. Human errors, miss calculations etc. So in the long term, it will be more positive then negative for holders like us :P agree?

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That's the hope!

However, reality will be revealed over time :)

UPDATE: As of this post, STEEM was at $2.99.

Today, STEEM is $2.31 (-20%)

Clearly, the market has been bearish over the last week, so STEEM isn't the only loser. And of course, long term could hold more bullish activity, but clearly the added exchange has not benefitted STEEM in the short-term...

@jrcornel @shawnvanderveer