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RE: HF 19- A few thoughts now the euphoria is dying down some

in #hardfork8 years ago (edited)

Minnows are doomed to either buy SP when the price dips or to bust their ass of writing, posting, commenting, upvoting, postpromotioning. It's only day two but I expect to see the changes in a few weeks. The price cannot go up because Polo has canceled Steem depos and withdrawals. There are 60 milion of $ worth of Steem there. It might try to manipulate the price of Steem as will increase the volume highly because of accumulating. If the price drops we actually might see more quality content since people will no longer vote only hot section to get into trending.

HF 19 party is over, in the following weeks we will see if anything changed but current 1 pic 500$ rewards are not natural for the price and certainly not healthy for the community in general. @aggroed

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Has there been any reasons given for why Polo has canceled deposits and withdawals for Steem?