Poloniex to stop trading of Steem. Will steem tank?
Poloniex is beginning the process of delisting Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME), LBRY Credits (LBC), and Clams (CLAM). Here are some important dates to keep in mind:
October 15th at 16:00 UTC: trading of PASC, STEEM, NAV, GAME, LBC and CLAM will be disabled
We all know how poloniex has made an impact on other coins when disabled. Now with Steem being taken off. What will that mean for the price of Steem now? fingers crossed it doesn't do much. But I have a feeling this could be a very bad thing for steem overall. Bad news might kick the price even more down. Poloniex has been a huge exchange with alot of users.
this does not belong in the art tag, but i will upvote it anyway