I've seen a lot of questions; steem so great, why is the price not higher why is the price where it is today you showed us that block activity. why isn't steem one of the top 10 crypto currencies already first. Steem has made a ton of mistakes in the first two years, 19 hard Forks clearly demonstrates the need for a lot of changes some of the initial coding things set like the hundred percent interest were really not very well thought out and those things were changed meanwhile you see that 98% of drop put off a lot of investors put and put off a lot of people from joining in and then you combine that with the fact that steem has all the things that make it a great blockchain instant or three second transactions no fees that makes it more difficult to add to a cryptocurrency exchange, compared to something which is relatively easy one of the reasons the steem price is currently lowers because steem is only on three of the top ten exchanges and steem just recently got added to the number one exchange by Nance.
Steem oath just the steem price pumped from about $2 to a high of seven or eight dollars when it got added to up. It steem also recently pumped up after the coal market dropped from about $1.50 to almost $3.00 shortly after being added on by Nance steem is still not on several these other exchanges which have made massive profits and huge specula value for some of these other crypto currencies and steem is not even on those yet, we're going to see steem get added to a bunch more exchanges over the next year too and every single one of these exchanges team gets added to give steem a massive potential for a price pumping everyone has the ability to double the Steem price one reason for that is because every one of these exchanges ends up having separate wallets so when someone holds steem on by Nantz that steem over there that then is not available on other exchanges and the more the currencies get spread out among all these other exchanges.
It's very easy for one particular exchange to have a huge Buy. It's very easy for users to leave it on there and forget about it. It's very easy for money from different sources to buy in now some of these other crypto currencies which in my opinion have very little true values of blockchain what they've done very well is get added to a bunch of different exchanges then you'll notice a lot of the table currencies are on a lot of these topics changes steem is not as easy to add to an exchange as some of these others because it's not an ERC 20 token. It's a real blockchain that has a ton of users that has different protocols then exchanges are used to adding. However, the more users and wallets the more activity, there is on Steem it continues to be more attractive for exchanges to make that extra effort to put steem on that exchange by Nantz made that extra effort to put steem on the exchange a bit made that extra effort to put steem on the exchange these other exchanges are interested in making a profit adding a blockchain with huge value with
lots of users and wallets that has the potential to bring in tons of new users to that exchange that are just interested in trading that specific currency the exchanges will want to add steem as fast as possible and I'll steems on bitch track and it's been on bitch tricks for a long time the problem. There's so many currencies on bit tricks that's easy for steem to get lost in the crowd a lot of these exchanges don't have as many currencies which means all the money gets focused on the ones that does have and over the next year every single time, steem gets added to one of these big exchanges and to lots of the smaller ones the steem price is likely to go up significantly.
I'd say 10% at a minimum for every exchange and then getting added to say some of these topics changes. I would say easily a 50% to double price pump just in getting added to that exchange just in allowing buyers on that exchange to make those initial buys of steem to start loading up on steem and to allow traders who are in other things that may be on the way down or may be over speculated to get out of those other things and get into steem and I think over the next year. We're likely see steem added to a bunch of these topics changes every time. It gets added the price will pump from talking with everyone from Ned at steem it. I've talked with on steem and steem it Inc getting added to exchanges is a top priority. It's more challenging for steem than for most other block chains to get added on to these exchanges, however, the more steem grows that will continue to be worth it for the exchanges to put steem on even though, it's more challenging now what will make it easy for exchanges to see the value of steem. Right away is the ability to go look at all these reports on steem that show all the activity on steem. For example, here's the website steem reports, you can see the account voting for any article.
