Realistic analysis of the situation. I fully agree that what the exchanges did are less than legal and a breach of trust. It will be interesting to see what will happen when STEEM withdrawals are done en mass on those exchanges. Since they need time to power down, it will either force a very fast code change, or the exchanges might be forced to buy STEEM from somewhere else.

I think a fork seems inevitable. Witnesses might need to pick a side but for normal Steemians like us, we can still exist on both forks.