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RE: Steem Price Catching A Bid!

in #steem6 years ago

I think they are mostly disabled in anticipation of the Hard Fork 20 coming tomorrow which has received consensus. It is most likely a precautionary step as they prepare for wallet support post the Hard Fork. Great to see the pump though!

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Yep, that is certainly the case. It will be interesting to see if they hold any of those gains once the wallets are enabled again.

Yep, you are probably right about that. It's been a long time now, but I have a vague recollection of most exchanges stopping deposits and withdrawals during the last ones as well.

Yes that is correct. Now the question is when will they come back online?

Yeah, that's the question. I have no idea. I would probably still wait a bit if I were an exchange, seeing as it seems likely that they would be affected by having too little RCs.

Correct. I believe that next wave of patches they are talking about implementing tonight should get all the exchanges up and running again. We will see how long they wait afterwards.

Yep, RCs seem to be in an OK place by now. Hopefully the exchanges bring STEEM back soon.

Yea, I saw a comment saying that exchanges may need to be delegated SP in order to perform transactions.

Yeah, that might have to happen, and that's very unfortunate in my opinion. I think it will be more difficult to get exchanges to be willing to trade STEEM if they have to pay a sum just to get started. But it's still early in the life of RCs; it could still change for the better once it stabilizes.