What happens to orders left in the steem-engine market?
If they're left there, we're just going to see a race to dump into those who didn't see the announcement and remove them.
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What happens to orders left in the steem-engine market?
If they're left there, we're just going to see a race to dump into those who didn't see the announcement and remove them.
Basically yes.
It's possible that someone picks up the project on Steem, but highly unlikely.
It's not a big deal either way... liquidity is so low price is going to crash to near zero like instantly.
That's what I read it to mean as well!
Ideally, people will remove their orders. Trading will be removed from the Steem-Engine interface following the airdrop. This is the cleanest method for transitioning possible (in my opinion). Unfortunately, a few people may be caught by this for not keeping up with the latest news on the situation.
I wish SE would have a better solution for cancelling all market activities immediately, but we don't have that option :(
Posted via LeoFinance
Yes, and I got screwed!
Ideally, you should have given enough prior notice to suspend trading after a given date on SE. The expectation to keep up with latest news across the large international community and considering the time difference, this short notice wasn't enough imo.