CMC adds internal Steem exchange - Doubles Volume
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8 years ago in #steem by xeroc (70)
$8,273.70
- Past Payouts $8,273.70, 0.00 TRX
- - Author $7,365.05, 0.00 TRX
- - Curators $908.65, 0.00 TRX
CMC remove Steem internal exchange :-( Do you know why?
At least they fix SBD price: http://coinmarketcap.com/currencies/steem-dollars/#charts
I speculate because on internal market they are not fees involved(?)
guess so too.
No, usually they mark such markets with *, look for:
https://coinmarketcap.com/currencies/steem/#markets
Probably because of this: https://steemit.com/steem/@scrawl/psa-steem-dollar-prices-on-coinmarketcap-are-incorrect
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)
And just wait until Kraken gets in the game...
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…
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.
¡Poloniex in too!
Xeroc is a legendary, epic and incredible developer. Just had to get that off my chest. That is all.
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 :)
Good to see coin market cap reporting the true steem volume. The internal market is a big big part of it.
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.
I would like to here someone's response to that. That is true, that it seems extremely easy to pump volume buying own orders
great news
Wow. Yeah, that's not a small deal.
And now with Poloniex on it's way.
huge volume on poloniex
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 .
Hi Xeroc - finally found my way to Steemit. Great to see so many of the Bitshares folks here!