The reason Steem booming recently (最近steem暴涨的原因找到了)
As we know, steem price spiked to above $4 recently, I was wondering why it is so bullish. Then I found the underlying cause:
众所周知，steem的价格最近一路飙升到4刀以上，我很奇怪为啥它那个坚挺。于是我就去寻找原因，原来它要被火币网列入可交易列表了。火币是中国内地第四大数字货币交易所，这样就意味着steem会有更多交易量，自然价格短期就能涨了。
steem will be listed tradable in Huobi exchange, which is the fourth largest cryptocurrency exchange in China. This is reasonable why steem price was spiking more than most other coins. Each time a cryptocurrency was accepted in some mainstream exchange, the price will boom since investors would expect more liquidity thus more people would have the chance to purchase this sort of crytocurrency.
That's good for steem. However, I would like to point out some risks.
对steem是好事一桩，但是我们要注意一些风险因素。
- speculation: from past experience, this kind of good news won't last the passion in market for long time, sooner or later the price will return to its normal level, so we must understand this so we won't be pumped and dumped.
投机： 从过去经验看，因为被某个交易所列入，价格就暴涨的趋势持续不了多久，价格迟早要回归价值，我们要明白这一点，不要被当作了别人碗里的韭菜。
- political risk for the huobi itself: as you know, Chinese government has banned all the ico as well as trading on any cryptocurrencies, which caused a lot of exchanges migrating overseas. Huobi is one of them. Chinese government re-emphasized its stance against cryptocurrencies recently, they said they have noticed some illegal activities moved to underground or overseas and they stressed their deadline that no cryptocurrencies should be linked to RMB! and they will go on to suppress those activities. What Chinese government wants is blockchain without the existence of cryptocurrency. So be aware that one day, Huobi might be undermined by the government since it is a centralized exchange.
政治因素：中国政府是明令禁止数字货币交易的，前不久刚刚再次申明了这一点，他们都明白很多交易都转移到了地下或者海外，他们一直在 监控中，政府重申了自己的底线，就是任何数字货币不得与人民币挂钩！中国政府需要的是没有数字货币的区块链。可想而知，政府随时可能捣毁数字货币交易所，如果他们想做的话。
- The exchange managers run away: This is not impossible, the larger scale is, more possible this would happen, which is called "Ponzi scheme". Various scams occurred last year in China, and many of them are in such large scale that even the central television station advocated for them before the cheats were revealed to the public.
这个风险来自数字货币交易所本身，别看规模大，越大，这种卷钱跑路的可能性也越大，这就是庞氏骗局。去年在中国有数不清这样的事件发生，那些骗局里，甚至连中央电视台都曾经为其做过广告。
In summary, this is a good thing since steem will have more liquidity, but be aware of underlying risks of all the centralized exchanges. In my personal opinion, those crypto exchanges should be regulated by governors.
总之，steem被一个大交易所列入可交易清单是好事，但是我们也要注意这内在的风险。我个人认为，那些数字i货币交易所都应该被监管起来。