STEEM is Down. How You Can Help Bring it UP

in #steemit6 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!

Steemit Dollar.png

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
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

There is more that can be done. We can do much better than that if STEEM and SBD were made available everywhere.

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.

I here are four ways to make a difference:

#1

We need to let Poloniex know that there are many people that want STEEM and SBD wallets fixed on their exchange.
Here is a link to the Poloniex example. It explains (with pictures) how I filled out the form.
https://steemit.com/steemit/@socky/how-to-get-steem-and-sbd-wallets-working-on-poloniex-let-s-make-steem-great-again

#2

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

#3

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

#4

This is by far the easiest step:

Convince a Witness to get STEEM or SBD listed on a major exchange. Just promise to use your witness vote for the witness that gets the job done. Combine your vote with others and we can influence a witness to make it happen. Your witness votes do not take away from your voting power or earnings and is simple to do. You have 30 of these votes and they don't get used up. If you decide to change your mind you can unvote a witness or switch the vote to another witness.
Just leave a comment here to promise to vote or go to this link and comment:
https://steemit.com/life/@socky/4p5sao-how-you-can-get-steem-or-sbd-on-an-exchange

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

---------------------------------------

For a breakdown of how Steemit Rewards system works:

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

For a breakdown of Steemit Keys:

https://steemit.com/life/@socky/do-you-understand-your-steemit-keys

Sort:  

Great post. I am a financial analist, and i have reached a similar conclusion to yours. That´s great. I will help to put pressure on exchanges as you asked. Thanks for the great value that you are bringuing to the commnunity. As an investor and as a content creator. Reesteemed your post...Thanks!

Thank you @duarte9sousa. It is great that others have discovered the same thing. Would you like to join our effort to vote on the witness that gets STEEM or SBD on a major exchange?

@socky, of course i do. I think i already did...Not shure :P

@socky man... you are one hard working person. Who always think, how this platform and steem can developed. Do not sure how long I am following you, you always try to do something better. Good luck to you.

Thank you @shuvomahfuz. Would you like to join our effort to vote on the witness that gets STEEM or SBD on a major exchange?

Why not? Sure, tell me what to do..I will try my best.

I'll let you know when to vote and provide an explanation how to do it.

Ok....I will follow through.

Upvoted and resteemed. Have a good day :)

Major exchanges already listed steem. need more exchanges to list steem and sbd

Always been confused as to why sites like poloniex and hitbtc have such a problem with steem/sbd. I know of no one who has really explained it

I asked the Poloniex and HitBTC question to the Steem Inc Director of Communications and got muted forever. I think that was worse than being ignored. It is ironic that the STEEM Inc Director of Communications publicly ignored Steemit concerns about communications coming from STEEM Inc and made it clear that he is not concerned at all about our needs for STEEM Inc to be transparent.

This attitude that STEEM users can be ignored will change. I have created a movement that combines our witness voting power for the witness that accomplishes our goals. We are growing fast.

Will you join me? Just promise one of your 30 witness votes to the witness that gets STEEM or SBD listed on a major exchange.

I love your attitude and action! "Will you join me? Just promise one of your 30 witness votes to the witness that gets STEEM or SBD listed on a major exchange."
I will...Just tell what to do.

That is all you need to do for now. I will add you to the list and then alert you when the if a witness accomplishes the challenge.

If you have any ideia on how to promote tge witness challenge. Let me know.

HitBTC doesn't seem legit to me now.

I know. They are trading a virtual supply of SBD and STEEM yet they have abandoned the wallet that has the SBD and STEEM in it. The main wallet has the real SBD and STEEM in it and it is as if they lost the keys to the wallet. They may never do anything with the wallet. This means that the virtual supply that they are trading is a fake currency. HitBTC is going to have a very tough time explaining to auditors why they were trading a fake currency in their exchange for 5+ months.

Upvote trail @boyasyie community n resteem. Thanks for sharing

thanks post... Upvote u

La mejor billetera es la de Bittrex .... Saludos

All together we can bring it up!