First a warning about Poloniex.
Poloniex disabled their STEEM wallets again. This means that you can't send or withdrawal STEEM or SBD from the exchange. Watch out!!
Binance Lists Steem (STEEM)
While writing this post I heard the news that Exchange Binance has listed STEEM here! Another exchange that wants to trade STEEM is great news!
Steem price vs BTC
While Bitcoin has gone below 10000 USD it has not dragged STEEM down with it like in the past. It's the opposite. STEEM has gone up.
For me it shows that STEEM is considered a safe haven in a BTC downtrend. Maybe the Weiss rating has something to do with this. But that's all speculation.
Dmania growth!
Dmania has seen a growth of 1000% in January (here). That's incredible and coincides with all the growth numbers we have seen lately.
I talk about it more in my vlog.
here.I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
▶️ DTube
▶️ IPFS
I wonder why poloniex always disables steem wallet, I've long stopped using that exchange. I'm so happy STEEM is now on Binance, really great news for traders and hodlers. I can only see better days ahead, there is a really great anticipation of the SMTs which I believe has led to so much accumulation that is standing against the FUD of BTC dump.
Congratulations on the 1000% Dmania growth.
Hi @drepo15 Thanks for pointing out @Binance. I just checked and go sign up! If I can give you some love just give me your referral ID if you have one and you might get a bonus.
good post
Fusi cat😘
best regards please support and enlighten brother..
I do not know what is wrong with those exchanges....
Happy I did not had any steem into Poloniex, but sorry for the ones who had and lost it
Great stuff.Thanks for the post!
This guy makes a killing!! Would anyone watch an art blog?
I'm trying to understand why SBD could come down to $1. I'm actually wondering if you are taking into account the inflation increase, also upcoming hyper inflation and weaker US dollar day by day. The weaker US dollar, the higher SBD we have have which is a reflexion of the US dollar value losing purchasing power. I don't think we are going to go the logical way to due external factors here. I would love to hear your answer.
You can always convert 1 SBD into $1 USD worth of STEEM. This prevents the SBD from being worth less than one US dollar.
SBD has gone up because it's being bought on exchanges (for reason X) where it is traded and anyone can buy and sell it. This dictates the price. Currently $4,50.
The higher STEEM goes the higher the rewards will be. And because almost half of the reward is 1 on 1 in SBD more and more SBD's will be printed with a higher STEEM price.
The current supply is almost 8 million SBD (from 4.6 million 30 days ago). A huge increase already.
Given enough time I believe this rise in SBD's on the market will put pressure on the price and ultimately make it go back to $1 USD.
I don't know when or how long this will take. It could be a while.
SBD won't go below $1 USD because then users will convert it to $1USD worth of STEEM.
It is kind of crazy to have SBD so high. I think once SBD hits $1, this moment is going to be the peak of Steemit rewards for quite a while. SBD rewards right now are extremely generous, and the price of STEEM would have to get much much higher at $1 SBD to end up with rewards even close to what we're seeing now. Definitely glad to be active right now.
I think demand will push it higher. I am trying to investigate the creation of SBD and determine how and how many there are. If Steemians HODL their SBDs will the price rise more? SBD is needed for SMTs, so I want as many as I can get. Why should SBD stay at $1? When SBD is high, you can get more STEEM for your rewards, or you can invest your SBD in a SMT of your choice. Those projects will LOVE the high SBD price, which means more value in their SmartMediaToken.
allow me to experiment by sending one SBD
Seriously I'm wondering why SBD reduced to $1. Some newbies are already complaining, but I believe it will come up soon.
SBD was intended to always be $1, it's STEEM you want to go up in value. Cashing out STEEM would give you more SBD, the more $1's the STEEM is worth.
Thank for the information guys.
SBD will must be back to $1 eventually
good...
this is very good news! I love tosee what this will do with steem and steemit.
Holy shit! This is awesome news (despite the huge correction, lol)!!! This might bring HUGE growth after said correction ends (looking for'd!)
But what about SBD? I mean, you can't exclude someone's twin brother like that now, can you? It would be mean.
Poloniex is so dated now. So many better exchanges im done with their crap. STeeem to moooooooooooon
This news is spreading like wild fire.
Well needed to have steem on Binance while Poloniex is messing around.
There will be more platforms attached to steem.
Steemians, sky is the limit.
Keep on steemin'
That is awesome - I would say: last chance to buy steem...
Is Binance welcoming new users? If yes I will move to it from poloniex.
Exyle, I have a question for you.
I sent SBD to Poloniex right before they put the warning up and I guess my SBD are in limbo...
After the problem is solved will the SBD be credited to my account?
Just curious if you knew. Cheers!
I'm tired of using Poloniex. They've frozen STEEM way too many times. It's not acceptable in the fast paced crypto world to have funds tied up like that.
Yes, it will. It has happened to me in the past. Had to wait 3 weeks for the SBD to arrive.
Another wonderful achievement for this great platform to be listed on one of the biggest crypto exchanges...Very excited! Definitely STEEM is the safest haven...
It's great news this morning!
Indeed!
Positive news on Steem and its platform.
thanks @exyle:-) for your great post
This is very good news my friend!I think now steem will fly to the moon!;)Good post great news!
As steem is listed on binance exchange which is biggest cryptocurrency exchange right now.so this is very good news for our steem coin .This indicates that steem has very bright future.
Super excited about STEEM on Binance! It's my favorite exchange. After Bittrex froze NEO and doesn't pay out GAS rewards I've been looking to move away from it.
Yeey, Steem dollars next :D
Ohh that is amazing! Since I heard about Steem I´m in love with it
Thats a great news. I hope they put SBD too. Cheers!!
Thats what I'm wondering and a bit worried about what influence this has on SBD.
So stoked to have found Steemit when I did. I feel so positive, it's amazing to see the type of growth I'm seeing on my own blog. I'm excited to be part of this awesome and growing community!
I think rewards right now are at a peak of sorts. SBD is super high and makes payouts really generous. Glad to be here right now!
So what do you recommend to do now with SBD? I was thinking of converting it into steem power but at 1.13 its quite high.
And soo did I! Steemit is such an amazing platform! I am so happy to be here, it is much much better for me as a content creator than YouTube
Hi Exyle, once again you are on spot.
That's really a good news for steem community and we all should celebrate it as Binance is the no one cyrpto currency trading platform.
I have a question, what do you think will this listing give rise to steem prices as seen in the past with all coins who get listed on big exchanges like binance.
I don't know. No crystal ball and all that :)
STEEM will only go up when more people want to buy it than sell it (like with most things). I consider it very positive that there is now another Exchange where people can do just that.
I am very happy to see how strong STEEM is behaving at the moment.
Valuable few updates you added to this article in a nice way! Polo drama, I am not using it for STEEM! That would be nice to hear Binance decided to go with STEEM!@exyle,
Cheers~
About time Binance! Should definitely help to get a few extra new users interested in STEEM. I get the feeling that a lot of people who are new to crypto will have joined Binance, partially due to the fact that it has an affiliate program and a lot of youtubers etc promote it. Anything that helps facilitate in the trading of STEEM is good!
It's become a habit to listen to you in the morning like reading a newsletter :D
Glad that Binance listed Steem on the platform. I hope they will list SBD too a bit later.
I am about to start trading of Binance, so I am excited about this news. Thank you @exyle for sharing this info.
this is certainly different from where we were six months ago, i think it's testament to the cross over of great marketing, promotion, 2 million transactions speed, people investing in steem, other apps on the steem blockchain taking off -- it's great to have backed the right crypto horse!
The growth we have seen is amazing!
Some very good news this morning! Steem being listed on a big exchange means we are finally being recognised as a contender. Poloniex is one exchande I have steered clear of.
Oh man, if it is true that Binance has listed Steem that is GREAT news!!! I’ve been wanting that to happen for a good long while now. Binance is a great exchange and it’s gonna be great for steem if that is the case :)
Thank you for the information. Between steem and steem dollar which do you think one can hodl for now or should accumulate since steem did not go down with btc and biance has listed steem on their exchange site. Thank you.
If I had to choose I would always pick STEEM over SBD.
I thought so too. That means you I have to trade steem for sbd from this month.
Great to see Steem is being picked up by other exchanges! I believe we are gaining momentum as we speak!
A great day indeed! I've been falling in love with Dmania lately and think @zombee has something very special there. Huge future for it!
Plus the addition to Steem on Binance...The news literally made me jump out of bed to check it all out lol
Oh wow, what a time to be alive :)
Another good one, @exyle. Thank you for the great work you do!
Thanks, Terry!
Nice and positive updates in the FUD time wow i am really happy to see steem being getting listed on binance great for new users to get on board and dmania is really rocking i love it and well poloniex i just lost so much in that i don't even like it now
Awesome news. One of my favourite cryptos on one of my favourite exchanges :)
interesting:)
Finally Binance... about time. They have so many other little coins, finally I can buy my steem there an just send it over. I wonder if that will save me on transaction costs?
Great news
congratulation to you my friend ,, and to all holders,, love u all,, i am more and more exited about this platform 2018 is the year for steemit
thats great nes man. I like binance and will upvote for your witness; you are awesome;
Thanks Sir @exyle. You Warned us about Poloniex. Its very helpful for us. I know little about Dmania. When I was new at Steemit , I have posted most of my blog via Dmania. But I don't know why after 7 days I get a small SBD from my post where I hope more. I could not match the calculations. Whatever happens, Your excellent writing give me more information.
Binance is the biggest exchange right now. It will definitely help more user to get into STEEM.
I personally wouldnt buy any steem dollar I think the price ist too high I would say that steem dollar will go like 0.5$ at the end of the year. It is my opinion.
Steem got little up because of new exchange.Nothing unusual.
My steem stuck here. 500+ what should I do other than pray?
Owk I am new to blockchain and just hearing about this for the first time. From what you said , you said they have disabled it again, meaning that there was a first time. What was their reason for doing it the first time and what's their reason this time ?
Yea, read a post about this, this morning, by @stackin and I was overly excited
Yea I figured steem has really been stubborn at this time. I also think the Weiss rating has a hand in this . Cool though!
Don't know much about dmania, but I think it's growth means tge growth of steemit invariable so I am excited all the same.
This is great news
Steem will eventually penetrate to the top in due and perfect time.
We just have to keep powering it up and hodling it firm enough!
This is only my opinion, make of it what you wish :)
This is an awesome news for Steemians. Finally, Steem is recognized as a legitimate currency by one of the largest exchanges in the world. This is going to get YUUGGGGGEEEE!
Thank you sir for sharing story by@exyle
wow, i use every day Binance, i will use for growing my steem power
well explained like always
well, I do not have an account in binance, will the future poloniex be re-enabled. What is the reason Poloniex disables the steam wallet?
Now i look forward to SBD getting listed on Binance
Great informative video. I agree totally with you.
The safest way to wait in STEEM now. The cryptocurrency have so many fluctuations these days
WOW! I was kicking myself because Korean exchanges were all banned from having its citizens withdrawl krw into its exchanges to invest making it nearly impossible for new investors
now i can just buy steem with my current eth on Binance instead! So much easier!
a surprise is Steem will continue to increase because people are realizing the importance and value of Steemit, which is fired crazy with cristomania, and we have to continue to support, all the friends that enter the steemit, for being our allies, in the network and our future and every day more we learn something new. Thanks for news and Steemit is promoting to achieve great success.