I got my transfer in less than 24 hours through coinbase (sorry @acidyo - Kraken next time) and then went there to choose from what I thought was a pretty narrow selection but, saw Steem!
Got excited at the 29 cents and then realised, I can't actually buy it - they just list 50 cryptos that they track. But then I noticed something else that is of concern.
This is the real All time High:
That is a difference of 19x which doesn't sound great (but better than the 28x we are currently at I guess).
I checked BAT, LTC, AUG, TRON and all of them have the correct ATH
Coinbase is a massive fiat exchange and seeing the ATH being so low could have significant impacts on buying decisions for those looking to invest as it would appear that Steem can't climb so high. TRON at 2 cents appears to have the potential to go back up 15x - Steem looks like it might go 0.5x.
I guess another way to look at it is that it has been much more stable :)
While I have no idea whether they will change it, I did at least try because I think there is enough wrong information out there about Steem already with many still believing it is hyper-inflationary.
People will eventually understand you Steem. Someday.
Taraz
[ a Steem original ]