I am new to Steemit but posts like this are very helpful, keep up the great work @cryptohustlin.
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RE: Why the price of steem is falling.....
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Why the price of steem is falling.....
I would forget about Polo. The exchange has much bigger issues than turning on/ off steem deposits etc. We need to look for reputable alternatives. It would not surprise me if Polo was not around for much longer!
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Volume / liquidity wise no one will come close to poloniex....
Traders will only go where there is ample ammounts of both.
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I agree liquidity is important but so too is solvency and The behaviour st Polo leaves a lot of unanswered questions. I would rather use an exchange with higher fees and lower volume, but which does not suspend coins for weeks on end with no explanation, freeze withdrawals for weeks with no explanation and refuse to answer support tickets for weeks. All this points towards polo failing to scale, which is really worrying.
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