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RE: HF20 Update: Operations Stable

in #steem6 years ago

Amen @ socky.........I have waited for exchanges to un-freeze wallets to begin a steem deposit. I am sure I am one of many in this same situation! How do I tell my friends about steemit/steem and in the same breath them oh you can't buy or sell any. The first question I get from a non Crypto person is " can I sell this for USD "............ do I tell them well, not now?

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@silvertop It's interesting to note that Coinbase users now see a "View More Assets" link beyond the five cryptos they now carry. Steem is one of them (of 50). I take this to mean that they are educating their current users about other cryptos available, and might be offering Steem and many many others for USD in the coming months.
https://www.coinbase.com/price/steem
See also their recent blog entry, saying they are intending to add as many cryptos as legally possible https://blog.coinbase.com/new-asset-listing-process-a83ef296a0f3
So, I'd tell your people they'd be smart to buy some just before it becomes available "for USD" as the price will likely be much higher once it's that easy to buy an sell and Coinbase.

Coinbase has been eluding to do this for a while. I think that more will be added .... sometime. It is so difficult to get any of my friends to buy into Crypto, in fact it's hard to get anyone I know to even start. I cannot even get my grown married sons to buy. This is why we need to make signing up at Steemit easy, to encourage the newbies. :)

Yeh, sometime... Yes, easy sign ups would be great. It was simple when I joined 2 years ago (and you got 5 free Steem).
I replied to ned below, asking of Steem Inc had applied to Coinbase yet, now that they have a form for it.

That would be so nice!!

Steem is no. 39 in the Market cap right now. Is there's any wallet except Coinbase wallet? The transaction fee in Coinbase wallet is too high...

That is a stretch. I wouldn't advise my friends to invest in STEEM because of a theory that Coinbase is going to list STEEM.

A listing on Coinbase will still not address the underlying problem with exchange STEEM nodes failing which causes wallets to be frozen.