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RE: EVERYONE NEEDS TO START USING BITSHARES!!! POLONIEX: The Scourge Of The Cryptocurrency Exchange Space Is At It Again . . .

in #steemit7 years ago

Haven't had any issues with taking BTC out, but I've only done that a couple times, I've mainly used the platform to drop BTC in and take BTS, Steem, and some others OUT.

Yeah the price spike is huge on Poloniex, but it's unusable haha, you can't deposit or withdrawal. I think that it generated some fake scarcity.

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Yeah the price spike is huge on Poloniex, but it's unusable haha, you can't deposit or withdrawal.

Which is probably the reason for the erratic price action, speculators gone wild. I first saw it on coinmarketcap and thought "holy crap I need to sell some SBD". But then I went to the Steemit internal market and was like "hmm, no exciting prices here." I think Polo single handedly skewed coinmarketcap's average.