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RE: Circle buying Poloniex and why it's making STEEM price go down temporarily.

in #bitcoin7 years ago

the crypto market is a very interesting place right now. With the “potential” threats to the traditional banking system there is no wonder that these financial institutions are looking to invest in some way or another into the crypto market. I can only see this as a positive and highlights the fact that the crypto market is here to stay and not a bubble. I can also see there been huge benefits into advances trading platforms and experiences for end users, the days of long waiting times for customer service tickets to be resolved will soon be a thing of the past. I imagine customer relations and services will be one of the first areas of the business which will be developed.
In the end of the day although there are going to be entail teething problems and issues with poloniex in the short term, the long term future of poloniex and the crypto market is looking considerably brighter than it did in February. Bring on the bull run!