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RE: Vlog #61: Steem price thoughts. Poloniex is keeping the price down when they disable withdrawals.

in #life7 years ago

When you think about the reasons Polo would have for disabling Steem to be withdrawn while at the same time taking into account them being such a large holder of Steem, it's quite disturbing. The only thing we can do is get the word out and educate other users to steer clear of Polo and use other exchanges.

I agree that I believe Steem to be tremendously undervalued and as more and more people understand just how valuable holding Steem Power truly is, the demand for it will increase. I will be watching very carefully the actions of Polo moving forward in regards to Steem. It's can be looked at as a blessing as they are allowing us to accumulate more Steem at a substandard price, but on the other hand, they are preventing the free market from doing it's job and that is blatant corruption and manipulation. Thanks for addressing this subject, it's a very important topic and all members need to know what's going on and stay away from Polo. Have a great day!

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