BlockChain News
ing before the birth of the angry mob.
Either way, it appears as if that vessel is
...going down.
According to data pulled from Coinmar-
ketcap.com and the Poloniex.com API,
there has been a sharp change of heart for
Poloniex users who
have been steadily
flocking to Bittrex
and several other
exchanges.
The steep incline
from Spring 2017
at Poloniex is paled
in the wake of the
even sharper de-
cline in total vol-
ume of Ethereum
And Bitcoin ex-
changes as shown
in the chart below.
As of August
2017, Poloniex has
dipped below its
Bittrex, by land-
slides coming in
Still ahead of Krak-
en and Gdax.
The recent numbers for Poloniex speak
loudly on the power of the voice of indi-
viduals in the crypto-community. Speak
up if you want to see changes because
clearly it works! Don’t forget to praise
the services and sites you frequent too;
because positive reinforcement means
everyone gets to enjoy more of the good
stuff.
This, now, is certainly one reason many
developers and users are pushing ever
further into decentralized exchange terri-
tory. The majority of problems that cryp-
to-currency has had to overcome have
been mainly due to human intervention.
In many respects, I think that at this point
the community almost expects Poloniex
to fall. It’s not that anyone wishes it’s pro-
prietors any ill will, it just seems that this is
a story we’ve heard too many times al-
ready. We all want to be the optimist and
see things turn out the best for all parties
involved. But one fact remains. Humans
are unpredictable, and a trustless environ-
ment may be the only environment that
we can trust in.
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