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RE: Cheap STEEM But Not For Long
Yeah but it's still unclear as they are saying STEEM is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the STEEM team. Any updates must be tested and audited before enabling. which indicates that it may be on the other side.
That's true if BTC does go lower but I think it will be for the short term as the money flows into alt coins. Difficult to say though.
Steem should have done a soft fork and polo should update. But not really 100% sure, don't remember where i read it.
I don't mind hard forks too much especially early on, it would be a real, proper pain in the ass when STEEM goes mooning around, that it changed, because then we might see big swings in volatility with regards to price.
I'll be hodling for some time yet anyways but it's still a pain in the ass. What can you do though? Just need to sit tight.