A Short Overview About What A Big Traditional Player Can Do To A Crypto Project (Hint: It Can Double The Value In 4 Hours)

In a previous article, published a few minutes ago, I wrote about a partnership between IBM and the Stellar blockchain.

What I didn't write in the article is the effect this move had on the markets. Here's a screenshot on Poloniex:

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In short:

• volume for one day was over 5100 BTC, that's more than 25,000,000 USD
• price rose with 92,6% in one day, basically doubling
• all this happened in a 4 hours time window

Now imagine how would Steem be affected if Twitter, or Facebook, or even Tumblr, would partner with the Steem blockchain technology.

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I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.

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You can also vote for me as witness here:
https://steemit.com/~witnesses

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If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):

• Rewards: Were Does The Money Come From?
• Netiquette: How To Avoid Being A Steem Douche?
• Witnesses: What Are They And Why Should You Care?
• How Can I Mine Steem And What CPU / GPU Power Do I Need For That?
• The Beginner Guide To Not Getting Hacked On Steemit