Quote from: smooth on June 21, 2017, 09:57:42 PM

Quote from: zahidmoon on June 21, 2017, 09:27:52 PM

polo just disabled the steem coin wallet
can somebody tell me why poloniex Temporarily Disabled steem wallet
is steem going through hardfork or some else reason that polo Temporarily Disabled the wallet ?

Steem had a hardfork on Tuesday, which went smoothly. Polo probably didn't upgrade in time and has to do it now.

Quote from: ManonLescaut on June 19, 2017, 12:09:27 PM

can you explain what you mean with "power down" and how it effects the price ( direct or indirect) of Steem?

STEEM can be 'powered' up which turns it into STEEM POWER, which is locked and gives you voting power plus a small amount of passive STEEM POWER earnings (I believe 1-2% per year). Turning it back into unlocked STEEM is called 'powering down' and takes 13 weeks (1/13 of the total is released as STEEM every 7 days).

When people power down, it can negatively affect the price because it means more liquid STEEM is available to sell on the market. It doesn't necessarily mean that, but there might be a connection.

clear explanation, thanks. Do you have any social-media account (maybe Steemit?

) were we can read your content?