Has caused quite the stir of late, developing big over the past couple of days from a post
by @msg768 ~ Boasting a healthy 91 responses, 560 views, 256 upvotes and helping out with $577.68 from some unhappy Steemians wanting answers and discussion in regards to the long delays! @msg768 released another post thanking the people who contributed and shared their views on the matter - while some Steemers expresses their deepest dislike towards Poloniex, but it did have some legs to stand on with a comment coming from Steemian;
@crypto-ta
"Polo doesn't need to manipulate prices, they make millions in fees each week. The reality is Polo is sorely understaffed and under-resourced for the massive increase of people they recently gained, and its showing in that wallets are constantly going down and it takes weeks for people to have support tickets resolved"
"They are obviously having serious problems trying to expand to meet demand. It's just incompetence on their part, not malicious market manipulation."
In the Second post, @msg768 states "just read a post from @lukestokes who's a Steemian and a witness, about how he has finally received his 3000 STEEM from Poloniex after 51+ days!" View here
Bittrex
The little brother to "Poloniex" has been given a big spur on by the Steemer community, as well as trusty old Reddit. When the Reddit community have a thread from 1 month ago and it's STILL getting comments to move over to Bittrex because of reasons like manipulation, lag, congestion, and this "support is horrible and trollbox is filled with people asking for help or verification , lost transaction, stopped transactions etc" and hard to withdraw funds.
The only negative that anyone sees with Bittrex is liquidity and poor volumes of trades compared to the big brother - but does this really matter? Indications are showing a dramatic increase of people switching over, and seeing as this is what CoinMarketCap provides, we could see a shift of markets going hand in hand with stronger expectations.
In short form - in a market as volatile as ours, ANYTHING can happen!