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RE: 😨 Are You Scared Of UPVU Yet?

in WORLD OF XPILAR3 years ago

I wondered about the implications upon the price of STEEM and whether it was a buying or selling opportunity. I came to the conclusion it was neither 😆

I did the same. It's impossible to know what Steemit will do with the Undisputed portion or what Bittrex will do with the Disputed portion, now that they have the greenlight to make an interpleader deposit in the form of USD. I guess Bittrex will sell, but they'll try to do it in a way that doesn't shift the market.

FTR, I'm definitely not the only one watching. Steem had some really high-volume trading days that corresponded with court actions. I guess the media lost interest after the Hive FUD campaign, but traders were definitely watching. ;-)