I am thrilled that Steem is listed in Binance and now eagerly awaiting SBD listing so that we can keep the money "in house" for us true believers in our Steemit community.
Is there currently no way of trading existing coins (e.g litecoin) to my steemit account?
Sorry if this seems stupid, I'm still green haven't looked into that side of things yet, but that was my plan.... If it gets listed on Binance it could go two ways?
It could be great for our community, but it could also destroy our community.
If enough people saw it on Binance, felt they could make a quick few dollars and then trade their steem to another currency.... Wouldn't that make steemit worthless, or be very harmful at least?
Bittrex is the best way to trade SBD, but that limits trading primarily to a US exchange. Poloniex is another one that exchanges SBD, but I've heard that you can't transfer in and out of the wallet. I don't know if they fixed that problem. HitBTC list both STEEM and SBD, but transfers have been disabled from the STEEM and SBD wallets for possibly a month now making it completely useless. We desperately need alternative exchanges in the event something happens to another exchange. If you can't move your SBD into an exchange to trade it for other currency, then what value would it have?
If SBD gets listed on Binance, there would be a pump and dump, but chances are that SBD would settle about 25% higher than it started.
I follow you, Thanks to a friend, I think this initiative is great. I'll make a reference to your blog to follow you, many of us can share that great idea
Yes. Right now when you get rewarded in SBD, where are you going to spend it? It is very limited where you can use it, therefore the price of SBD is down. So when you get rewarded in SBD, there is less value in being rewarded with SBD. If SBD gets listed on Binance, there will be an increase in price of SBD and your rewards are worth more. If the SBD price goes up, you can buy more STEEM or other cryptocurrencies with it. In other words, you will benefit for your effort on Steemit.
I think it would more practical for Steemit if SBD were available on Binance. Right now, no-one can take their SBD that they earned to Binance and buy STEEM with it. It just doesn't make sense.
I am thrilled that Steem is listed in Binance and now eagerly awaiting SBD listing so that we can keep the money "in house" for us true believers in our Steemit community.
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It would be great for our community for sure.
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I think a great idea counts with me
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Thanks for the resteem @krenter
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Is there currently no way of trading existing coins (e.g litecoin) to my steemit account?
Sorry if this seems stupid, I'm still green haven't looked into that side of things yet, but that was my plan.... If it gets listed on Binance it could go two ways?
It could be great for our community, but it could also destroy our community.
If enough people saw it on Binance, felt they could make a quick few dollars and then trade their steem to another currency.... Wouldn't that make steemit worthless, or be very harmful at least?
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Bittrex is the best way to trade SBD, but that limits trading primarily to a US exchange. Poloniex is another one that exchanges SBD, but I've heard that you can't transfer in and out of the wallet. I don't know if they fixed that problem. HitBTC list both STEEM and SBD, but transfers have been disabled from the STEEM and SBD wallets for possibly a month now making it completely useless. We desperately need alternative exchanges in the event something happens to another exchange. If you can't move your SBD into an exchange to trade it for other currency, then what value would it have?
If SBD gets listed on Binance, there would be a pump and dump, but chances are that SBD would settle about 25% higher than it started.
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I follow you, Thanks to a friend, I think this initiative is great. I'll make a reference to your blog to follow you, many of us can share that great idea
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Thank you for the resteem and support
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Ready, i have reestimed. We need support among ourselves!
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@axel24, Thank you for your support and resteem.
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it will give help to us?
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Yes. Right now when you get rewarded in SBD, where are you going to spend it? It is very limited where you can use it, therefore the price of SBD is down. So when you get rewarded in SBD, there is less value in being rewarded with SBD. If SBD gets listed on Binance, there will be an increase in price of SBD and your rewards are worth more. If the SBD price goes up, you can buy more STEEM or other cryptocurrencies with it. In other words, you will benefit for your effort on Steemit.
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good post
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Nice post here. And good job
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I'm glad you liked it
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Good @socky I would like your support
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Your post is very nice ... @socky
I upvote 100% of your posts ...
Continue to work ...
If you do not mind my upvote back posting too: https://steemit.com/crypto/@aaabangganteng/my-problem-with-bitcoin-usdbtc-today-vs-nasdaq-99-bubble-chart-in-3-pictures
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I checked it out and commented/upvoted. Could you help out our effort in spreading the word about SBD at Binance?
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Let's do this!
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I like your enthusiasm! Don't forget to resteem or post on the subject.
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steem/sbd must be known to all..thanks for this @socky
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I think it would more practical for Steemit if SBD were available on Binance. Right now, no-one can take their SBD that they earned to Binance and buy STEEM with it. It just doesn't make sense.
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you create a great post....i know some new from your post...i like it......i hope everybody like your post...thanks for shear it..
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Thank you for your support
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