I would assume most exchanges need inventory with which to make a market on their exchange... I can't say for certain but I would assume to make that market they would have to purchase coins if they don't already have the inventory. Which means getting on big exchanges is both a short term positive for prices and a longer term positive as it provides yet another gateway.
Though I do get your point that we need to actually create some fundamental value here if steem is to survive long term.
RE: Help STEEM get Listed on KuCoin and Earn SPORTS Tokens.