Burning steem to increase value does not sound right to me
It will not be of major importance to the stock exchanges for it is the market that decides the prices of buying and selling. When someone with large accounts is still willing to dump quantities of steem on the stock exchange, the price will not rise
But there are those who make big money (TRADING) on the stock exchange that are profitable because the prices are low. I will not elaborate on this, but it is also a contributing factor to the low price.
Other measures are needed to increase the price of STEEM over time.
Marketing costs a lot, but we should start with massive marketing to our own who are part of the community.
Without starting with our own members first, it will be useless to make progress. Big Investors come when they see that there is a substance to what we do and that society is growing and solid
Too many people complain about screaming wolves when the price is low without even doing anything about it. Yes, because we have some blame ourselves here.
@streetstyle has come up with a great action #SPUD
"SPUD 6" STEEM POWER UP DAY October 1, 2019 is now running for the sixth time and SPUD is increasing in scope each time.
Many people here become familiar with what SPUD is and join.
There is also a competition with good prizes
I believe SPUD will be one of the bigger events here at Steemit
Why is SPUD good?
What we see is that small accounts now stop taking out their profits and they build their Steempower and have gained an understanding to keep the SP
Many small accounts that turn down their power to sell their Steem on the stock exchange make a large amount each week and have an impact on price
What is also happening now is that several of those who join SPUD have started to buy Steem to increase their strength in SP.
The more people who see that benefit, our economy will be healthier in Steemit