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in #crypto-news7 years ago

hi omar, why is the price of steem stagnant? is it because steem trading is down on poloniex? if not, what do you think is the problem?

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Because many corrupt investors were powering down steem because self voting will be dealt with in the Hard Fork 20 (They won't be able to drain the rewards pool anymore). But the price went up again after the SMT announcement. Then it reset to original level cause the devs said SMT's will come a few months later (about January 2018).