Poloniex is a Ghost Whale on steemit!
After browsing on steemit for a bit, looking around to see what the community is up to and I find someting interesting. An account with the user name Poloniex. Even though there are no posts, no replies, no comments . . . essentailly an inactive user, here is the value of that account as of this posting.
BALANCES
689,907.195 STEEM
1,166.118 STEEM POWER
$214,245.725 STEEM DOLLARS
Estimated Account Value
$1,648,222.85
This account is worth $1.6 million US dollars without posting, commenting or voting! In fact, it looks like this account is doing nothing more than sending and recieving STEEM from various users here on steemit.
Here is the link to the page.
https://steemit.com/@poloniex/transfers
What do you think? Is this an exchange system and not a real user?
You tell me!
Later Gaters!
If you look you can find bitterex too. If you are going to own steem you need to have a steem account. Steemit uses steem accounts.
I did find botterex using the poloniex account to transfer money too. Thank you for helping me understand that.
sounds like he is playing the daily swings there arn't too many places you can net 1.6% in a day legally, I wouldn't be suprised if the account was tied to the recent marketing surge on YT channels.
It would be something to look at I guess, if you could. Thanks!
Poloniex is an exchange and they aren't voting or posting for obvious reasons
It seems odd to have an exchange in a user account. I am new to this steemit thing, and it strikes me as wierd to have a user account act as an exchange that gives the account STEEM power. This account
could cash out right now and take away a half million dollars. Seems odd to someone who does not understand it ya know?
Thanks for posting. Appreciate your comment.
#thedoglady
all centralized exchanges can cash out and take you money !!!
actually it happens very often ... and then they just say...
"Sorry we got hacked!!!"
Thanks. I appreciate the insight.
An exchange has to have a Steem account in order to allow you to deposit and withdraw steem from them. Currently there are 3 exchange accounts that I know of: poloniex, bittrex, and openledger.
Interesting and thank you for clarifying that. I did see all three of these using the poloniex account to transfer money. hmm.
What you're seeing in that case is different people moving funds in and out of their exchange accounts. For example, when you see several transfers from bittrex to poloniex, this is not one person doing the transfer. It's different bittrex account holders moving their funds.