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CMC adds internal Steem exchange - Doubles Volume
8 years ago by xeroc (70)
$8,273.70
- Past Payouts $8,273.70
- - Author $7,365.05
- - Curators $908.65
377 votes
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- … and 357 more
CMC remove Steem internal exchange :-( Do you know why?
At least they fix SBD price: http://coinmarketcap.com/currencies/steem-dollars/#charts
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I speculate because on internal market they are not fees involved(?)
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guess so too.
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No, usually they mark such markets with *, look for:
https://coinmarketcap.com/currencies/steem/#markets
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Probably because of this: https://steemit.com/steem/@scrawl/psa-steem-dollar-prices-on-coinmarketcap-are-incorrect
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Similar to SP, SMD tokens cannot be purchased directly on an external exchange. SMD are primarily earned through contributing but can be purchased by converting STEEM tokens to SMD tokens.
Actually Steem Dollars can now purchased on external exchanges !
https://poloniex.com/exchange#btc_sbd
https://bittrex.com/Market/Index?MarketName=BTC-SBD
PS Abbreviation of SBD = Steem Backed Dollars
or just SD = Steem Dollars (not SMD please edit)
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And just wait until Kraken gets in the game...
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not sure if the will, back in BitShares times - they said, no chance to that they will add BTS - this time i'd not bet on they won't add STEEM as well :) so stay tuned…
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Good comments, for me I think with the Pedigree of Dan that both Steem and Bitshares have the best future and are at present way way undervalued for what they are ...... the best in the whole market.
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¡Poloniex in too!
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Xeroc is a legendary, epic and incredible developer. Just had to get that off my chest. That is all.
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This keeps on blowing my mind... the more I read, participate and learn about this whole process, the more exhilarated I become! Thanks for the post and I greatly appreciate the knowledgeable comments down below as well. Namaste :)
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Good to see coin market cap reporting the true steem volume. The internal market is a big big part of it.
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The internal market has no transaction fees. So the volume is fake. It costs nothing to inflate volume in order to take the "liquidity rewards" while providing no real liquidity.
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I would like to here someone's response to that. That is true, that it seems extremely easy to pump volume buying own orders
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great news
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Wow. Yeah, that's not a small deal.
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And now with Poloniex on it's way.
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huge volume on poloniex
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Coin could all overtake easily, it is really a good thing to blokcheyne, all promise to do something about raising money and pulled, and everything is done and went public with the finished product, the main thing that no problems with hackers) Fly to coin odnaznachno up IMW .
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Hi Xeroc - finally found my way to Steemit. Great to see so many of the Bitshares folks here!
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How about a link to the relevant page on "CMC": http://coinmarketcap.com/currencies/steem/#markets
It looks like they've added Poloniex and I don't see Steem Internal Market on there now.
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Make hay while the sun shines
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make sure everyone participates in the first steemit lottery
https://steemit.com/money/@nabilov/the-first-steem-lottery-hosted-by-member-nabilov#comments
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Even after reading the FAQ i still haven't the SLIGHTEST clue what Streemian is. Can anyone explain what you can do there? Oh wait, is it another web implementation of SteemIt?
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not a web implementation .. it will offer different ways of connecting your old social network with steem .. for instance, you can plug your wordpress/medium blog into streemian and it will automatically cross post your posts .. but in such a way that YOU actually benefit from it ..
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Seems like a good idea in general, but did i read correctly that you (the creator) gets a certain percentage of the profit for ALL user contributions?
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I do not benefit at allvfrom YOUR content. All money raised by your posts belong to you alone and i/streemian will never have access to your money. The profit model for streemian is simple: you like the service, the you occasionally upvote posts from streemian ..
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Nice one xeroc
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Just wait until CMC adds Polo!! :)
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VERY good post. Thank you for taking the time to collect this data!
Indeed tis useful for us to succeed!
I agree, being free to express is supreme and if everyone doesnt agree with you, SOMEONE will and that always feels good!
BTW, should steemit let us steemers advertise using steem?
Be sure to tell everyone you know to come vote here at: https://steemit.com/steemit/@kingtylervvs/if-steemit-ever-does-decide-to-advertise-there-is-only-1-way-it-could-work-in-my-opinion-debate
This is a democratic community decision.
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Thanks for this post! I find it relevant to my interest! 😜
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¡Very cool! We were like this :9
https://steemit.com/funny/@cultura.bitcoin/when-you-earn-enough-to-buy-an-oculus-vr-with-wteemit
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I would like to read such good news each morning. They invigorate me like a cup of good coffee
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It seems like there are some arbitrage opportunities for the various exchanges differences are enought to tak small profit
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Streemian.com can't be reached.Just tried the link now.
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thank you
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Similar to SP, SMD tokens cannot be purchased directly on an external exchange. SMD are primarily earned through contributing but can be purchased by converting STEEM tokens to SMD tokens.
Actually Steem Dollars can now purchased on external exchanges !
https://poloniex.com/exchange#btc_sbd
https://bittrex.com/Market/Index?MarketName=BTC-SBD
PS Abbreviation of SBD = Steem Backed Dollars
or just SD = Steem Dollars (not SMD please edit)
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Thanks for the update always good to know whats happening in the market of steem.
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