Well things got a bit crazy lately as the seized funds from 67 or so steem accounts landed on Bittrex. Apparently a "good guy" was able to hack the community321 account changing its keys before the fork.
So after the fork this "good guy" didn't waste any time and swiftly sent the steem stake into bittrex with a message as a memo. So because the memo is not the usual we use if we want to trade our steem or hive tokens into bittrex because the made memo is a "message", so in effect now the stake is in the hands of Bittrex.
The story is not yet over until the liquid steem is either returned to steem or its rightful owners. If it is returned to steem we can just guess what will happen to it but certainly if those liquid steem is returned to its rightful owners then they will just dump it thereby crashing the steem price.
Now Bittrex is in a very delicate position and their decision will make or break steem community or give justice to the rightful owner if they so chose to return them to the original owners.
But returning the stake manually and individually might be the process that bittrex is not willing to do and they might give it back to steem anyway to save them some trouble. They also might face some trouble with Justin Sun like taking them to court for not giving the seized stake back to steem.
So for now I think steem's price will slump again but it might regain traction depending on the "good news" for steem or the price might capitulate if Bittrex just went into the trouble of distributing the stake back into its origina steem owners.
Personally I just hate these drama that is unfolding, it just hurted us all. Too much negativity, threats, name-calling, pornography, cussing, lies, deceit, distrust, hurtful words, and similar things. I guess that it is because of our differences in values, culture, beliefs, goals, ambition, needs, wants, and politics among others.
That is why we got divided and hive was the result. I think this will go on and on with the wars while both chains are up since both have almost the same users but with a different base. I cannot bother to make a difference since thing are obviously beyond my control so life will just continue for me and hope that we will all harmoniously socialize again, making friends and of course earning money on the side in the chains that we so choose to use for our own interests.
