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RE: STEEM didn't get picked by Bittrex!

in #bittrex5 years ago

Aren't Ned and the owner or Bittrex friends? Aren't Steemit Inc powered down STEEM going to Bittrex? Doesn't this increase the volume of STEEM transactions on Bittrex? Doesn't that increase fees as well for Bittrex? Or at least that was a plan at some point.

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I don't think they have any friendly relationship. It is just a proxy to reallocate funds. Transfer to biitrex and transfer to a new account, fund will become anonymous. Fees will counted when trades are made. Anybody with large stash selling in this low volume and low price would be simply insane.

Well, that's what Ned said at least. I'm curious about the funds, seems like they changed their strategy when they stopped the full power down.

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