Poloniex will resume SBD deposits and withdrawals by 05:00 UTC on July 1st 2017.
Until now for the last days anyone wanting a withdraw had to convert SBD to BITCOIN which caused selling pressure and increased recent drop. The market is oversold now and withdraws will resume tomorrow.
Target at least 10-20 %.
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Poloniex did not manage to resume SBD by now...
SBD deposits and withdrawals are currently estimated to resume by 16:00 UTC on July 1st. We are still in a slow painful drop on a low volume, which is quite dangerous as we can see a big spike down if someone panics.
Current support level is around 63k sat.
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Still SBD market not resumed yet... the message has not been updated. We are at 60k though the market is extremely oversold now anything can happen. I will close the position by Monday EOD if it does not cross 70k sat. So far - a lesson taken about Poloniex...
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We are in a deep sh*t. 54677 sat. But I am quite positive about a probability of a bounce. The spring is stretched now.
Trade closed manually
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Still does not look good. Money lost. Trade closed.