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RE: TEAM SMARTCASH ON STEEMIT: Weekly Updates + SMART winners!
@broncnutz do you know what is happening with all the exchanges and SmartCash?
Why do you think suddenly all exchanges that are working with Smartcash, placed smartcash wallets into maintenance? Is it because of the high price it reached? And is that causing the price to go down? Cryptopia even closed the Smart/LTC and Smart/dodge and also placed in pause the Smart/BTC.
Which are your thoughts here?
What may happen to Smartcash once they open it again? Isn't this a pressure the exchanges received from an other actor of other altcoins that are more powerful, after they saw how smartcash was skyrocketing? Something similar to what happened to bitshares when bittrex decided to close the market?
Looking forward to your feedback!
Regards, @gold84
I talked about this in my latest smartcash and smartbot video. All the exchanges have to update the new wallets since the introduction of smart nodes. The price that high was never real in the first place.
Thanks for the follow up @broncnutz . So what do you think is a real price for smartcash at this point?
Regards, @gold84
If I had to guess....when all exchanges allow deposits and withdrawals again I think the price will settle between .70 to,1.25 usd