what's news on poloniex -Steem coin?
Day by day it's going down.
Can be it's delisted from poloniex and scam coin?
I bought 15k per coin.
Now value 11k
welcome to altcoin trading!
this is a common thing happening to 99% of the altcoins, they die because of their pump and dumps and so many other reasons. and mostly because they have a bad design whether it is the coin itself or it is their supply and distribution.
for example in case of Steem it has always been a nice idea but a bad design, specially with lots of giveaways they did back in the days, and the big supply of this coin. and now it is on a downward slope and slowly dying.
they also die for an other reaosn people can't think of, they simply die because they are too many, how can we feed so many altcoin with our pocket? too much money for the nerd that day trading all thise, you need many more people to preserve the value of so many crap coin and this make only the strong one survive