If Steemit would simply create an exchange where Steem could be directly traded for Bitcoin, and subsequently into US Dollars or other major currency, the Steemit social network and Steem itself would skyrocket overnight.
I honestly wonder why, unless a system like this is already in the works, Steemit has not already done this?
Do any of you who may be reading this have any information on a possible direct, Steemit backed exchange?
In my opinion a direct Steemit backed exchange like the one I describe above would be a real gamechanger for Steemit.
Gregory Mannarino, "The Robin Hood Of Wall Street."
The Blocktrades.us Exchange BitUSD does everything your are wanting.
Greg -- take a look at @jerrybanfield and the p2p exchange project hes funding alongside @jo3potato.
This definitely needs to happen on a larger scale, and as we can see from the hack rumors of Binance today, in addition to the SEC regulation nonsense, a p2p exchange is the inevitable trajectory.
Bitshares is good, but it simply doesn't have enough liquidity. Plus, its still not possible to convert to/from fiat in that system. Thats the key weakness in crypto right now. There's only a few (not an accident) entrances and exits for fiat.
Another issue is actually how a lot of whales are voting their own circles. There is not way for newbies like us to get anything by posting or curating. It has turned into buying votes from bots in order to survive.
Competition from FB also coming and the whales here don't understand how it's up to them to stop abusing the system in order for the whole platform to survive.
you're not going to be able to control what other people do with their vested voting power.
all you can do is keep grinding and look for opportunities. just like normal life.
That would be great. You could change this. We here at the bottom have a rough time just hanging around. Would have like to buy some today for sure.
Hmmm..........interesting idea...
Resteemed!
You can easly exchange your Steem dollars or Steem on blocktrades. There are multiple blogs regarding how to do that. It’s very simple. You can easly make a transfer from steemit through blocktrades to coinbase and then to fiat.
resteem and upvote
Thanks Robin Hood !!
yes Mr. Robin Hood
Thanks robin hood.
Thanks Roobin
Yes Robin you are absolutely right
There must be in exchange
Steemit is the best platform..Glad to be part.
I think it needs an exchange with which i can buy directly through my fiat currency.
Amen to that.
upvote and resteemd
Useful information robin hood of wallstreet
upvote and resteem
Yess , he is Robin Hood !
upvote and resteem sir @marketreport
Thank you sir!
He is Robin Hood
upvote and resteemd
upvote and resteemd
upvote and resteemd
yes i agree with you and really a great idea about a steemit excahnge and sure steemit need a direct exchange and i hope the steemit growth will be more exllent with this exchange but how this will be work is it pure steemit platfarm or from any third party greg?
upvote and resteem
upvote and resteem
upvote and resteem
thank you for the information
He is Robin Hood
Nice post @marketreport
upvote and resteemd
upvote and resteemd
Wow very nice information..Glad to see it..
Great post..Really loved information..
Resteemed!
Usefull information @marketreport
Great information sir thanks for sharing
THanks for sharing robin hood.
Thanks for updat Is robin hood of crypto world.
Very nice information...love steemit.
Upvote and resteem robinhood
Makes tremendous sense. Resteem everyone
Resteemed and upvote sir !!!
I don't see where you actually upvoted except for yourself
Thanks for information Mr Robin Hood !!!
Thanks for sharing sir !!
thank you for the info keep it up @marketreport
This is a great idea and a great use case which can be implemented and it can be added like D-tube steembottracker and many other projects !
upvote resteemit done
upvote restemit done
I don't see where you actually upvoted except for your own post
R U so funny...
Useful information thank you for sharing @marketreport
That's great! @ma
Greg: This news may negatively affect steem. "Bitcoin Dives After SEC Says Crypto Platforms Must Be Registered"
YES I 100% agree
upvoted resteemed commented
Thank you robin hood
I like all your posts robin hood.keep it up
Well - you have bittrex - where you can trade STEEM into btc and btc into USDT, that's as close as we have right now, but there isn't a STEEM-USD option as to date, I guess it's just not so simple to create and operate an exchange, especially when you plan USD to be a legit currency in this exchange.
Steemit is the best platform..Glad to be part.
Very elegant way to present you, The truth is in all your words.
It is possible to get many useful examples from your writing. well done and keep it up.
You are the best Mr. Gregory
upvoted and resteemed
That's a superb post.@Upvoted and @resteemed.
Thank you sir
thank you Mr.Hood