RE: Let's Make Downvoting Great Again!

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Let's Make Downvoting Great Again!

in downvoting •  7 years ago 

I agree it would be simpler, but I don’t think it adds as much value as you think it does.

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It would at the very least consolidate the liquidity on the exchanges to steem entirely. This may encourage further adoption of steem by the bigger players in the crypto exchange space. I understand your point though, as the daily trading volume in both SBD and steem are very low relative to the Top 10 cryptos. SBD is currently at about $2M and steem is at about $6M per Coinmarketcap. By comparison, the number 10 crypto, Monero, is at $170M. Liquidity is what ultimately drives markets and if steem is going to have a shot at attaining Top 10 status in the future, this will have to be addressed somehow.