Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)! by jerrybanfield

View this thread on steempeak.com
· @jerrybanfield · (edited)
$313.93
Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)!
![poloniex temporarily disables steem thumb.png](https://steemitimages.com/DQmahUjeKVcaZbep6VSjb3b5fP7TPXi9tdiPRLChPFEnjpo/poloniex%20temporarily%20disables%20steem%20thumb.png)

Steem and Steem Dollar deposits and withdrawals are temporarily disabled on Poloniex driving prices artificially high especially for Steem Dollars which is up to 0.00066150.  Meanwhile, the price on Bittrex was 0.00058146 when I started writing this but now after all I bought up to 0.00063620.  Guess which price Blocktrades was using at the time I posted this?

![Poloniex Steem Dollar to Bitcoin.png](https://steemitimages.com/DQmNhu7HQARxMgqy3z9cCRE92gpyKwbDB5cf5ohUqSx9dUG/Poloniex%20Steem%20Dollar%20to%20Bitcoin.png)

![steem dollars to bitcoin on blocktrades.png](https://steemitimages.com/DQmZrKKgVbAhTWGbehRn9vBHWPuAPsHna3oHNkkqQeD1eQw/steem%20dollars%20to%20bitcoin%20on%20blocktrades.png)

It seems Blocktrades within an hour of me posting this stopped sending transactions out until they setup a new exchange with liquidity!  Now six hours later they have it pegged onto another exchange which might be Bittrex.  My hope in posting this was that someone at blocktrades will see this and it seems they have!

What I did before the fix:

1. Buy Steem Dollars with Bitcoin on https://bittrex.com/Market/Index?MarketName=BTC-SBD
2. Send Steem Dollars to https://blocktrades.us/
3. Change Steem Dollars to Litecoin on Blocktrades because Litecoin has the deposit confirmed within 20 minutes of the initiation of the withdrawal meaning 20 minute turnaround time.
4. Sell the Litecoin to Bitcoin on Bittrex at https://bittrex.com/Market/Index?MarketName=BTC-LTC

Before I have even finished posting this, the market has corrected mostly by the price blowing up on Bittrex because of me and other traders buying all the SBD they can with seeing the price on Poloniex.  I am grateful I earned a total of $799.73 doing this today in a couple hours.

![price adjustment.png](https://steemitimages.com/DQmbqPA3N3oHnvkbqafC6yxzhQVhBSfGDmguXEmLd17aZjE/price%20adjustment.png)

![small price difference on Bitcoin.png](https://steemitimages.com/DQmWZgcdjRH25NXXAzLMowYeVhq3NETJ2CCaA4mKTCCc5H1/small%20price%20difference%20on%20Bitcoin.png)

**Update 20 minutes after posting!** This system is still working as more sell orders come in on Blocktrades!  I am making about 2 to 3 Litecoin every 20 to 30 minutes!  New Steem Dollars sell orders are in driving the price down making it worth about 10% on $1,000 or around $100 just to cycle through one transaction on Blocktrades!  As to why Poloniex disabled Steem and Steem Dollars, I am not sure!  If you know why, would you share in the comments because then I will update this post to include that?

**Update 1 hour after posting!**  Blocktrades switched the exchange they were using for liquidity and is working at the right price again!  If they have to do it manually every time, this will continue to be available for any future imbalances.

Thank you for reading this!  If you enjoyed this post or found it helpful, would you please upvote this 100% because that helps motivate me to keep giving you more like this each day?

Love,
Jerry Banfield
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 608 others
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vote details (672)
@bearbear613 ·
$0.03
thanks for teaching us your techniques. It's FX trading and not for the faint of heart. I'm not in the trading game, but I do appreciate your efforts to educate people on your profit
making method. Admirable and not greedy!
👍  , ,
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@kyawswarlin ·
$0.03
I follow and vote u.
plz follow back and vote me.
thanks
👍  
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vote details (1)
@kaiju ·
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👎  
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vote details (1)
@andyluy · (edited)
$0.07
it happen since the Hardfork day,
I heard that Poloniex  not has not been as good as before this is a nice subject to talk about and spread among the communit 

once again you are amazing bring this up Thank you!
]![url.jpg](https://steemitimages.com/DQmTWoQ8BoocreK76yaRYf9ZxyKxriHvrFUhCLZbw2RsYPi/url.jpg)
👍  , , , , , ,
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@kyawswarlin ·
$0.08
I follow u and vote u.
plz follow me and vote me.
thank bro
👍  , , ,
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@andyluy ·
$0.03
I liked your posts following you too ;)
👍  
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@crom ·
Hello kyawswarlin I follow u and vote u plz follow me and vote me thanks buddy
 here is a handy tool https://steemvoter.com/
👍  
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@veganrobot ·
Same here, no problem bro
👍  
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vote details (1)
@andyluy ·
one more think @jerrybanfield recently i read about a misterious event that should happen involving The MIT and the Litcoin, are you in to it too ?

I'm still pretty new to all the brand new CriptoWorld so i Would like to get as much information from as Much People "Wise Veteran" that i can, 
I already Ask about it to @inventor16 and he Kindly answered me that  It is Probably not a big deal.
What do you think ?
on post about it:
https://steemit.com/ltc/@acassity/mysterious-litecoin-project-was-announced-today-on-mit-website

And just remebering I would not be  here if wasn't for you Jerry I will be eternal grateful![images.jpg](https://steemitimages.com/DQmXkmckgzhzdmsLcX4Mvc1z7jpcpyKRj2dQ4jXnY3zvrMk/images.jpg)
👍  ,
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vote details (2)
@vinay-negi ·
nice..

I follow u and vote u.
plz follow me and vote me.
👍  ,
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@vinay-negi ·
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)

Thanks
👍  
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@anothervoice ·
It is a great but scary new world I'm living in. Thanks for the info!
👍  ,
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@kyawswarlin ·
I follow you and vote you.
please follow and vote me back
👍  
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vote details (1)
@anothervoice ·
You got it.
👍  
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vote details (1)
@inviter ·
Thanks for sharing the news, Upvoted!
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@eddieelsewhere · (edited)
Tried trading on Poloniex. It's super slow! Wouldn't recommend it anyways. I understand the impact that it could have on the value of Steem but other platforms will surely jump on board once they see the true value of this thing. It has nowhere to go but up.
👍  
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vote details (1)
@kyawswarlin ·
thank
I follow and vote u.
please follow and vote me back
👍  
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vote details (1)
@liberty-minded ·
$0.05
Thanks for sharing @jerrybanfield, you are the master of manipulation!
👍  , ,
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vote details (3)
@kyawswarlin ·
I follow and vote u.
plz vote and follow me back.
thank
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@dx7200 ·
thanks for updeating us iam careful now.
👍  ,
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vote details (2)
@kyawswarlin ·
I follow you and vote you.
please follow me and vote me
👍  
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vote details (1)
@chandu91 · (edited)
@jerrybanfield
OMG !!  
Why no post of it from big people on steemit yet?
Now you are the man. 

Any how, with your earlier YouTube video, I opened account on Bittrex. Left polo and looking forward to Bittrex.
I am following you always.

Thanks for the info.
👍  
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vote details (1)
@kyawswarlin ·
I follow and vote u.
please vote me back.
thank
👍  
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vote details (1)
@live2love ·
i got you @kyawswarlin
👍  
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vote details (1)
@coinkingz ·
Good and proper action. That is why worth to check multiple exchanges and act fast. Brilliant move!
👍  
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vote details (1)
@aarellanes ·
$0.50
@Jerrybanfield, well spoken my friend! I noticed yesterday that Poloniex Disabled Steem but I never thought to consider writing an article about it! Thank you for bringing this to everyone elses attention!
👍  
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vote details (1)
@dontstopmenow ·
Nice one @jerrybanfield thanks for sharing.
Great that you could take advantage to make some profit, smart!
Keep the hardwork up man :)

upvoted and resteemed!
properties (22)
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@cash-hunter ·
Jerry thank you are my man ! thanks that i foundyou on youtube 2 weeks ago since then iam on steemer and have over 30 followors .. and i know nothing about writing blocks i always liked just to read them ..
properties (22)
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@omerpak14 · (edited)
$0.02
hi jerry i m your big fan i watch  all  of your videos your are really working hard on internet you are awesome :)
👍  ,
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vote details (2)
@vinay-negi ·
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)

Thanks
👍  
👎  
properties (23)
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vote details (2)
@oldtimer ·
$0.06
You gonna be flagged for your spamming and you chasing people away from you.Try to find better strategy. Just advice.
👍  , ,
properties (23)
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root_title"Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)!"
beneficiaries[]
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vote details (3)
@kyawswarlin ·
properties (23)
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categorypoloniex
json_metadata"{"app": "steemit/0.1", "tags": ["poloniex"]}"
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vote details (2)
@geggi632 ·
Hi, I have some troubles with coinbase and card verfication. I think i waited 2 weeks now but nothing happend..
Can you recommend a coinbase alternative?
properties (22)
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created2017-06-23 15:21:18
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body_length153
author_reputation10,000,000,000,000
root_title"Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)!"
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@newmarket65 ·
steem me up
properties (22)
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author_reputation8,889,736,512,638
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@mender ·
Yep. I am waiting for a 470 steem withdrawal from poloniex for over 4 days now. It is stuck on "awaiting approval" and I can't cancel it. :(
properties (22)
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@koenfolkerts ·
Haha wow this is crazy!
👍  
properties (23)
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vote details (1)
@koenfolkerts ·
Btw. Amazing how detailed your posts are. Nice!
👍  
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vote details (1)
@vinnu ·
thank you jerry for letting us know :)
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@vizualsamuri ·
$0.19
This is the main reason why you should **Not** leave your coins on an exchange .
👍  , , ,
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vote details (4)
@michellerhey ·
Are there any cold wallets that can hold steem dollars without converting them to bitcoins first?
👍  
properties (23)
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vote details (1)
@vinay-negi ·
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)

Thanks
👍  
👎  
properties (23)
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vote details (2)
@cryptogirly92 ·
$0.24
maybe this wallet https://github.com/xeroc/steem-paperwallet/releases/tag/0.5.0
👍  
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vote details (1)
@sanees ·
Why ?? If its in exchange why would it be? Can some one explain thiscin detail
properties (22)
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@vinay-negi ·
Hi, i upvote you. I shared my first post in steemit. please help me to grow by upvote and resteem or promote (if you like)

Thanks
👍  
properties (23)
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vote details (1)
@kaiju ·
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
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@weldmaster ·
Im bad for leaving my cryptos on exchanges 
When i install wallets my comp crashes
properties (22)
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@needmorefat ·
That's a pretty neat arbitrage profit for an hour of work. Nice!
properties (22)
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@gorahul ·
Is there any other way to do this??  @jerrybanfield
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@engraqin ·
Thanks dude :)
properties (22)
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@insteadofmoney · (edited)
<center><b><h1>I made money out of it !!!
20 % with SBD just in 10 minutes !!!</h1>
<i><h2>and I will tell you HOW !</h2></i></b></center>
Instructions are here : https://steemit.com/steem/@insteadofmoney/how-to-make-up-to-20-with-sbd-in-10-mins-try-it-while-window-is-open
👍  
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vote details (1)
@cryptokraze ·
Yeah I was tryint to transfer some steem dollars but saw it disabled. 

I hope it does not have too much negative impact on network. As we can always hild steem and trade against bitcoins later.
properties (22)
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@edizzl79 ·
So that's why I couldn't get on polo earlier.
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@dream.pro ·
Jerry ! If you stop posting here, Steemit will never be the same! For that reason I upvote all your post! Keep posting! Thank you for your post$!
👍  
👎  ,
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vote details (3)
@orangeshasta ·
$0.92
Also ETH deposits and withdrawals which is even more concerning imho
👍  
properties (23)
post_id4,806,234
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vote details (1)
@odigetti ·
I'm doing the same like you Jerry i exchange SBD on blocktrades to Litecoin than i send it to poloniex and exchange it for bitcoin :D !
properties (22)
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@dchino · (edited)
$0.03
Wow #suprised. @ poloniex disables steem transfer.
Well as i will always say leaving valuable cash in exchanges anit safe cos they can always do and undo.
👍  
properties (23)
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vote details (1)
@the-queen ·
I noticed that yesterday and thought it was temporary!
properties (22)
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@akiyoshi ·
Thanks for the information, I am very confused when looking at the price of SBD in poloniex, bittrex, and blocktrades.
properties (22)
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@dayana8 ·
Opportunities form great people, follow me and I follow you thanks
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@recrypto ·
$0.09
I think one of the reasons why Poloniex disabled the STEEM and SBD withdrawals and deposits because of the hardfork update. They did this may be as an added protection if the hardfork failed. (I forgot to link where I read this about.)
👍  
properties (23)
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vote details (1)
@cryptodata ·
Thanks for the update Jerry! I saw this on Poloniex the other day and still can't believe they haven't enabled it. I'm glad Bittrex is getting the prices closer together but at least you profited a little :)
properties (22)
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@aircoin ·
This is the common problem. Don't leave your coins on an exchange site. Either payout or buy (alt)coin.
properties (22)
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@responsive ·
Thanks Jerry. I just posted a chart about the price of Steem. Interesting I noticed an uptrend at the sametime you notice this.
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@inventor16 ·
$2.93
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vote details (15)
@schmitymctit ·
$0.10
So true!
👍  
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vote details (1)
@cryptogirly92 ·
$0.70
http://images.dailytech.com/nimage/Mt_Gox_Mark_Karpeles_Bankruptcy_Reuters_3_wide.jpg
👍  , , , , ,
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vote details (6)
@acidyo ·
#markdidnothingwrong
👍  
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vote details (1)
@robertgenito ·
This gave me a good laugh. Poor Mark!
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@kaiju ·
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👍  
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vote details (1)
@charles1 · (edited)
$0.02
Haha I agree, upvoted..we will attack Polo with steem power and take over..hahaahs
Good one @jerrybanfield  keep steeming bro
👍  ,
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vote details (2)
@dream.pro ·
Steem Forever!
👍  
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vote details (1)
@stackin ·
$0.02
I'm gonna slap Poloniex 😂
👍  ,
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vote details (2)
@ikegass33 ·
Yeah I need to get my Steem out of Polo so i can...Power up!!
properties (22)
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@live2love ·
$0.06
@ikegass33 I sent my little steemies to Bittrex and then to Steemit. Bittrex seems good so far -after 3 transactions. LoVe
👍  ,
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vote details (2)
@drkeyweb ·
$0.08
do you even sleep . amazing job once again
👍  , ,
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vote details (3)
@kaiju ·
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👎  
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vote details (1)
@vinay-negi ·
Hi Jerry i am good fan of you. i like your post and video's on you tube. you are the person who convince me to join steemit. thanks


i shared my first post. please help me to grow by upvote and  resteem or promote (if you like)
👍  
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vote details (1)
@peazfulman · (edited)
BAM....SAVVVYYY!!  You da man!  I'd do the same with what little STEEM I have in Polo right now, but the fees would get the best of me....wish I had that kind of BTC cheddar sittin' around to take some advantage tho. lol!  Thanks for the update @jerrybanfield....I'm one of those currently being affected by Polo, do you feel this will be resolved soon and will it effect the current STEEM I have in there now? As always, thank you for all of your AWESOME contribution to the community! Much love brotha! 😁✌
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@carface ·
I have no idea what Polo are doing but I hope they come up with a good explanation for this as their affecting a whole load of people!
properties (22)
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@steemdoge · (edited)
$2.30
I'm just waiting to see the Poloniex blog pop up with millions of Steem Power behind it... Hopefully nothing shady going on here!
👍  ,
properties (23)
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vote details (2)
@digimad ·
$0.12
More likely to be powered by troll power!
👍  
properties (23)
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vote details (1)
@steemitblogs ·
Poloniex is afraid of the power of steem
👍  ,
properties (23)
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vote details (2)
@live2love ·
yes. Steem is ExTrEmeLy P O W ER F U L!!!!!
👍  
properties (23)
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authorlive2love
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vote details (1)
@enomujjass · (edited)
me.too
i can't use poloniex for steem.
withdrwal.deposit
properties (22)
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authorenomujjass
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@getsome3000 ·
Thanks. I was wondering why I was trading SBD so fast. Also did a follow.
properties (22)
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@steemitblogs ·
@steemitblogs
👍  ,
properties (23)
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vote details (2)
@askjoyb ·
Ohh Man... this need to be take care thanks for the post @ jerrybanfield i have followed you :)
properties (22)
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@marco-delsalto ·
$11.11
properties (23)
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authormarco-delsalto
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root_title"Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
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vote details (8)
@charles1 · (edited)
$0.03
Amen to that buddy..fired up and ready to go...get them steem and power up!!! win win for all, Upvoted and following you. We gonna turn steemit to a rocket and power it up!!!
👍  , ,
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vote details (3)
@cryptogirly92 ·
$0.34
https://pbs.twimg.com/media/Cy_7DC1W8AAt3-Y.jpg
👍  , , , , , , ,
properties (23)
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vote details (8)
@kaiyo ·
Nice one, I think is better to turn right ^^
properties (22)
post_id4,831,530
authorkaiyo
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@carlostiziano ·
$0.03
How to make a months salary in just a day! This is an incredible loophole, I'm sure it's going to get patched soon! Thanks for this post @jerrybanfield
👍  , ,
properties (23)
post_id4,811,353
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vote details (3)
@kaiju ·
$0.06
Steemit MONEY making strategy .......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👍  , , ,
properties (23)
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json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit"], "image": ["https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg"], "tags": ["poloniex"]}"
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vote details (4)
@pikachu01 ·
Really  awesome  post....
properties (22)
post_id4,819,833
authorpikachu01
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@vinayakn ·
$0.31
great post
👍  ,
properties (23)
post_id4,822,737
authorvinayakn
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max_accepted_payout1,000,000.000 SBD
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vote details (2)
@lovedenkillenja ·
Very good post, i love when you said in a yt video, Jerry none of these posts are short-_-

I don't think you realize what you mean to me
Not the slightest clue
'Cause me and you were like a crew
I was like your sidekick

Love, from sweden
properties (22)
post_id4,898,708
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@live2love ·
Yes. I am beginning to Believe!
LoVe
👍  
properties (23)
post_id5,240,985
authorlive2love
permlinkre-marco-delsalto-re-jerrybanfield-poloniex-disables-steem-transfers-steem-dollars-hack-on-blocktrades-20170627t040924069z
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vote details (1)
@nezbong ·
I was just able to get my STEEM from Poloniex. I think the wallet is working. Get your coin and Run!
properties (22)
post_id5,362,113
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@automaton ·
$0.03
Arbitrage....very nice!
👍  
properties (23)
post_id4,808,607
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vote details (1)
@booja ·
$3.97
thank you.
👍  
properties (23)
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vote details (1)
@spins ·
Nice use of arbitrage! Especially smart to use Litecoin as a way to transfer more quickly. Have you ever thought about trying to arbitrage using different fiat currencies? I have often seen Chinese and Korean exchanges trade crypto at 10% higher than market avg during big runs.
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@lovleacloud ·
Thanks for the information brother 🙏
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@amanjain2k ·
Don't know the real reason why polonix stop steem trade but yesterday I saw they even stop ethereumfor some time don't know what's  wrong with polonix and thanks for post upvote done.
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@mrdeerants ·
Dammit woke up too late but thanks Jerry!
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@thecivilanarch ·
Battle of the crypto-currencies. I think steemit has a high chance of becoming the number one blockchain.
👍  
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vote details (1)
@futurestic ·
Awesome find. Be careful tho.
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@paulyaces76 · (edited)
$0.20
The bigger question is why have the wallets been down on poloniex since the fork? We can't get out of our own way price wise!
👍  ,
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vote details (2)
@sidwrites ·
It's a TRAP!
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@ishwor ·
$0.18
Right time increase steem power....
👍  , ,
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vote details (3)
@arthurbiz ·
Can you please tell me your thoughts on DASH? Thank you!
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@starkerz ·
Arbitrage!! There is soooo much opportunity in the crypto markets for this! you can really make a living off finding it and exploiting it! Well done Jerry!
👍  
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@bloggingtrendz ·
Poloniex just afraid of steem power
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@ijshrestha ·
$0.17
Thanx for information ....
👍  , ,
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vote details (3)
@hynet ·
The post is  very educative, thank you somuch for the information. Upvoted already
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@eljvidaman ·
$0.10
Hey,

I hope this will dissolve within a few days, because this is not okey. Thanks for sharing.
:) Steemit is a Best
👍  
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@cryptoviking ·
Poloniex is doing downhill rapidly. Bittrex is a better option now.
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@johnyboi ·
Guys i know this sounds douchebagy but check this out i think you'll like it https://steemit.com/politics/@johnyboi/how-should-wars-be-stopped-2017623t174933457z
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@sidwrites ·
$0.13
Polo has quite a reputation.

Damn! I kinda like it though. Lol.
👍  
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@mikej ·
It looks like Poloniexs system can't handle all the transactions they have been getting. Thank you for shwoing a way around this..
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@bigriches ·
Cycle Trading Strategy! Never heard of it. Thanks for sharing.
I invite you to have a mouthful (or two) of laughter:
https://steemit.com/humor/@bigriches/joke-of-the-day-nuns-and-the-blind-man
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@bitdollar ·
Thanks Jerry for sharing your system. Also was wondering about Steem being disabled on Poloniex.
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@lusdon ·
The digital world is a haven for cyber criminals, it's not wise to leave your money on these exchange web sites.. Often times we hear hackers hacking there networks and causing the price to crash some what.. It's best you use them make what ever exchange u making quick and fast then take your money off as soon as possible..
👍  
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vote details (1)
@pratikchordia ·
Interesting insights, I follow.
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@xeleos ·
No need to ask for 100% upvote, when I upvote you, it's always 100% (if I can) :P although it isn't worth that much, I enjoy reading most of your content as it is interesting to me and I feel it deserves it. 

Thank you for sharing, keep it up @jerrybanfield ! :)
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@live2love ·
why
👍  
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vote details (1)
@xdark21 ·
Amazing post.. 
Honestly we are all unique and we all have much to show and much to strive for.
Cheers for the good post and much love from me.. ![image](https://img.esteem.ws/t22nhi934a.gif) 
👍  
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@pratikchordia ·
Interesting insights, I follow.
👍  
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vote details (1)
@forestbarrett ·
$0.10
Good trick! Make that money!
👍  
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vote details (1)
@silver-saver ·
$0.04
Wow, some inefficiencies in the markets! Thanks, Jerry
👍  
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vote details (1)
@rudystyle ·
You see everything and you know everything :). Looks like a clever trick but I don't have the balls to try it !
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@nibzter8 ·
I would just like to say that you partially influenced me to get on this network man! Glad to be a part of it and I'm following you for sure. Keep it up and Steem on! CHEERS!
👍  
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vote details (1)
@virtualcoin ·
$0.29
hmmm thanks for the information! XMR was also temporary disabled a couple of weeks ago....
👍  
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vote details (1)
@kaiju ·
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👍  
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vote details (1)
@shenanigator ·
@blocktrades, just pinging you to make sure you're aware of this.
👍  
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vote details (1)
@felizity ·
Steem Dollars can be traded with other cryptocurrency?.Nice one
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@stackin ·
Yeah, I had my money stuck in poloniex for 5 weeks 😂😂😂... lots of shaddy stuff going on 😳
👍  
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vote details (1)
@zlacee ·
steem is tryna make people easy for living in some kind. steemit power more super
👍  
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vote details (1)
@angelsalais ·
https://youtu.be/RplnSVTzvnU
👍  
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vote details (1)
@jwolf ·
Poloniex servers were slow because of Steem, that's why they disabled :p
properties (22)
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@angelinamathews ·
I think poloniex is quite afraid of the steem power. Kudos 
Bit nevermind steem is unstoppable
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@colinbrazendale ·
I am missing out on this one. At a braai BBQ with friends. :) PS: and you are making $500 per hour with great post. LOL
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@fatso ·
Bro you are just good at this,i'm learning a lot from you.keep up the good work
👍  
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vote details (1)
@kenhudoy · (edited)
Good option @jerrybanfield

Do inform them. I wonder why poloniex is after steem! Do they see us as threats or...? 
Nice update... Thanks @jerrybanfield
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@gladman ·
happy to read yr post, everyday something to learn on Steemit for me
properties (22)
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@carwilva · (edited)
$0.28
I'm done with poloniex is so slow there and shady site
👍  
properties (23)
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authorcarwilva
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vote details (1)
@greatmb ·
The power of STEEM, is a curious thing! Make a one man weep, make another man sing! Change a heart to a little white dove,. More than a feeling, that's the power of STEEM!
👍  
properties (23)
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vote details (1)
@omar-hesham ·
i think if you pay good attention to the market you will find there hakes like this one.
👍  ,
properties (23)
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vote details (2)
@stilo ·
veary nice tip !
👍  
properties (23)
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vote details (1)
@obzz ·
though if fixed already :) thank you Jerry
properties (22)
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authorobzz
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@dreamrafa ·
I dont think price of SBD is artificially high, i just traded SBD at blocktrades for 0.00065150 BTC and i still think it was a low price... bittrex price went artificially LOW, because many people jumped to bittrex after poloniex crashing the wallet, price is starting to go up again to it normal value that should be around 0.00066150 BTC...
properties (22)
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@bitcoinflood ·
I really hope they get it figured out here soon :/
properties (22)
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@bthomas3664 ·
$0.03
I am not very patient so i keep going back and forth with pulling my funds out of poloniex and putting them into Bitrrex in order to get more steem in my account here.  Hope they fix it soon.
👍  
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vote details (1)
@andrew4nia ·
Say what you want about this guy, he knows how to make money
👍  
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vote details (1)
@boyelleq ·
Nice information ....
Thank you @jerrybanfield...
I like it steemit..
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@jeffreylikeyou ·
wow! youre amazing and great guy .keep doing good things brother
properties (22)
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@askaran ·
$0.20
Yeah, I wanted to withdraw my Steem from Poloniex but the wallet is offline for days now -.-
👍  
properties (23)
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vote details (1)
@yongkaijing ·
$0.44
haha>>>>NICE
👍  
properties (23)
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vote details (1)
@live2love ·
yes.
👍  
properties (23)
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vote details (1)
@jumowa ·
are the other exchange platforms also that bad or are there solid alternatives to poloniex?
properties (22)
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@tamsguitar ·
Probably Poloniex is too weak to handle the huge amount of transactions happening in Steem n steem dollars. Which indeed is a very good sign and Steem =  $ 10 may not be a dream anymore in the coming years.
properties (22)
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@crypticj ·
All will be right with the steem world... not playing poloniex game.
👍  
properties (23)
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vote details (1)
@somethingsubtle ·
fascinating that these arbitrage abilities are so prevalent in the crpyto market given all the immaturity of the exchanges and market places.
properties (22)
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authorsomethingsubtle
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@tammierain ·
Having just signed up with Poloniex and being new to the Steemit community, I am patiently learning to navigate myself through the sea of cryptocurrency; and I appreciate you sharing these updates.
properties (22)
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@kaiju ·
Nice i hope it can help you to make more money from Steemit.
Steemit MONEY making strategy .......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
properties (22)
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@eddymac87 ·
Jerry,  

Do you regret selling your Dash node. That was guaranteed income. I would of kept it and found another way to build my steem account. Just my 2 cents. Good luck on this platform.
👍  ,
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vote details (2)
@live2love · (edited)
Ah hem. I dont know JB personally but listening to his stuff I would say he mentions the sale frequently.  However, you can never underestimate your gut. There is more to life than profit. He does report profiting from the sale, so why not just be happy with that? If he wouldn't have sold, maybe he would have never done some other things --- there are infinite possibilities and we cant always know the reasons and consequences of everything so we just have to do our best and keep recreating -but most imperatively, continue returning to LoVe
👍  
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vote details (1)
@funnymeme ·
STEEM TO THE MOON !
👍  
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vote details (1)
@paco ·
$0.52
Just like the Ether Crash....i missed out on it :(
👍  ,
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vote details (2)
@kaiju ·
$0.07
I hope u like it
Steemit MONEY making strategy and TRICK.......it's kind of HACK steemit  
https://steemit.com/security/@kaiju/steemit-money-making-strategy-and-trick-it-s-kind-of-hack-steemit
![S1.jpg](https://steemitimages.com/DQmccjKSGvSdpU7Ac6xmzwkQh9QVQMbvDautZDVr2kHtuEH/S1.jpg)
👍  
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vote details (1)
@live2love · (edited)
$0.03
@paco the rumor is  -things are going to be priced low until the Aug 1 BTC Spork clears. hopefully a season to relax and build ? ^ LoVe.
👍  ,
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vote details (2)
@paco ·
$0.44
Thank you i will keep that in mind.  I'll keep building my Steem account gain. I once had over 50k but i sold i fear of it becoming a scam. lol on me. :(
👍  ,
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vote details (2)
@drwatson ·
Thanks for having our backs Jerry
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@hamzaoui ·
That's so good, We must be so happy, The price up so we make more and more
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@earthtone ·
Another user is plagiarizing this article:
https://steemit.com/steemit/@shahzad200888/poloniex-disables-steem-transfers-higher-prices-hacks
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@live2love ·
swiper no swiping ![](https://steemitimages.com/DQmRqCH2GqYZsUDfV7wknb9sapcHZ4GgVAYrs3AiefS4KN7/image.png)
👍  
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vote details (1)
@aj49robertson ·
$0.12
https://steemit.com/cryptocurrency/@aj49robertson/ubiq-why-i-think-it-s-the-single-most-undervalued-cryptocurrency-on-the-market-right-now
👍  
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vote details (1)
@georgebailey ·
Thanks for sharing Jerry! I got a lot out of this one..
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@popejohan ·
But.... if you hadnt shared this you could do this longer by yourself. Now everyone is gonna do this and that will balance the price. Your lack of greed disgust me.
properties (22)
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@steemitblogs ·
This post received a 17% upvote from @steemitblogs thanks to @jerrybanfield ! For more information
properties (22)
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@isaac.rodebush ·
Good thing I just got all of my STEEM off of Polo and power up! full steem ahead!
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@irreverent-dan ·
Hey, Jerry, thanks for sharing this. I tried to sell some SBD an hour ago on bittrex and they have been "reserved" ever since :/
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@skycornish ·
$0.78
Whoa, very interesting!  I look forward to your posts Jerry!  Keep up the good work!
👍  
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vote details (1)
@ginacarole ·
That's a great hack.  If you went a little slower I might of been able to duplicate it.
👍  
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vote details (1)
@roseville ·
Seems Poloniex is "helping" push price up :)
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@alimtl2011 ·
$0.02
Incredible. Just like arbitrage through diffrent exchanges. Good post. I still see the price diffrence. Always wondered if any arb would be possible.
👍  
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@rocket23 ·
Steem is the truth and it seems like Tom cruise is saying that Poloniex can't handle the truth! ;)
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@robertgenito ·
One thing for sure, you can look at @poloniex's wallet to see that they last sent funds to someone (and who) about 4 days ago. At least we can see they still have $63 million ... and hopefully they still have the keys to spend it :D
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@watchout2017 ·
$0.38
Jerry, Boy-O-Boy!!!  How do you find these tecnical faults so fast?  Great job to act fast and take advantage.  In the last two weeks I have noticed many exchanges pulling fast ones on ALL of us.  The whales are working together to profit max and dump leaving the others hanging.  Perfect example:  AMMO.  Take a look at what they have done to this great coin in the last two weeks...

https://coinmarketcap.com/currencies/ammo-rewards/

@watchout2017

Domi
👍  
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@southforce ·
poloniex disappointed me, so I started to use bittrex, and I like this website's much more, + it has more currencies
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@timbrockley ·
$0.08
wow. interesting !!!!
👍  ,
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@mcdevlin182 ·
I definitely appreciate the content you provide!  A lot of information about Crypto's would probably sneak right by me if I didn't learn about it from your posts or videos.  Thank you @jerrybanfield!
👍  
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@allan8931 ·
Go to bittrex!
👍  
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@live2love · (edited)
@alla8931 oh that is such a beautiful profile pic!
👍  
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@kaarel ·
$1.88
@jerrybanfield 
Damn, I missed it. Got to keep an eye out for your posts!
👍  , ,
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@rhino ·
Thanks Jerry!
Is now a good time to power up all steem dollars?
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@cryptomonitor ·
Steem forever ! Upvote, resteem, follow me
👍  
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@helmot ·
hey, Jerry I saw your Fcebook Ad  about steemit I have been seeing your ads for a year but i have never done anything until this ad I got really excited and I mde a new steem account would you help to get my first $20 on steemit? and I followed you, would you follow me?
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@waqasaps ·
Always good to be patient in such situations
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@jontabaco ·
$0.02
So I watched you video after coming home from work, too late. Thanks for the tip
👍  
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@lexiconical ·
$11.09
Nice bit of arbitrage you caught.
👍  
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@isacoin ·
The sky is falling!!


![polo.PNG](https://steemitimages.com/DQmUaLGEW8KbGwRFVthxWmegh14kK3xCd1qUATiVLpXHhhH/polo.PNG)
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@joelcaluza ·
It has been corrected already.
👍  
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@tyvain ·
I only have a polo account, do you think they will reopen withdrawals ? if they do, do you think steem will raise or fall ?
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@ikegass33 ·
Oh yeah, these legs have STEEM! All aboard!
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@duzman ·
Thanks Jerry , I'm going to check this out now.
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@screenname ·
Re: Poloniex Disables Steem Transfers = SBD Blocktrades Price Hack (Fixed)!
<p>This post has been ranked within the top 10 most undervalued posts in the second half of Jun 23. We estimate that this post is undervalued by $143.11 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jun-23---part-ii">The Daily Tribune: Jun 23 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
👍  
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@steemblogpost ·
wow good to know
👍  
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vote details (1)
@albensilverberg ·
$8.15
Any idea when Poloniex will reenable the Steem wallet?  I'm wanting to power up more lol..
👍  ,
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vote details (2)
@zubair20 ·
Steem power is a special form of money ... lol
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@travelersmemoire ·
Smart thinking!  To those thinking of doing this be wary as a sudden price influx could leave you in the red, but as they say no risk no reward
👍  
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@zubair1 ·
Thanks for sharing information, there are a lot of people around us to steal our money. We have to avoid them.
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@arcange ·
You have been mentionned in my hit-parade of 2017.06.23
Congratulations @jerrybanfield!
Your post was mentioned in my [hit parade](https://steemit.com/hit-parade/@arcange/daily-hit-parade-20170623) in the following categories:

* Upvotes - Ranked 10 with 558 upvotes
* Comments - Ranked 10 with 207 comments
👍  ,
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@pauly99 ·
Trying to wrap my head around this and the  address to use when changing STEEM Dollars to Litecoin. Is it a Litecoin address in my Bittrex (or I suppose Poloniex) account?
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@piotras ·
$0.22
keep doing good job Jerry :)
👍  
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vote details (1)
@borisb95 ·
Thank you buddy :))
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@borisb95 ·
I have followed you
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@borisb95 ·
I am new to Steemit and thank you for the inspiration :) You have a new follower. I will appriciate it if you follow me too :))
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@ghostcode · (edited)
$0.28
The Art of Arbitrage. 
Have you seen this film yet with Richard Gere.
It's very good. Watch it with your wife if there's time.
![image](https://images-na.ssl-images-amazon.com/images/M/MV5BODU5ODYyNzM1MF5BMl5BanBnXkFtZTcwNDEwNTQwOA@@._V1_.jpg)
👍  
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@timbrockley ·
$0.05
the power of social media :)
👍  , ,
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vote details (3)
@dwltr9 ·
$0.10
@jerrybanfield great post! Probz from germany
👍  
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@kieransidhu ·
I hate Poloniex 5 days sand they have still not actioned my withdrawal.
👍  
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@hotdogs ·
$1.44
everyone is frozen
👍  
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@politicasan2 ·
sbd price gap on poloniex and bittrex really big almost 50 percent differences
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@digitalharmony ·
Great post as always
👍  
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vote details (1)
@live2love · (edited)
@jerrybanfield steem disabled on polo due to The Big Fork 19 ? This idea was not my own. LoVe
👍  
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@live2love · (edited)
@jerrybanfield  - awesome post! 799 in a day you are truly blessed -and you are sharing your wisdom freely with others good man. AND I LOVE how you say I love you at the end of some of your videos ! So, how ddid you do this?
 LOL - I need to read it a few times I think. LoVe
👍  
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vote details (1)
@noaommerrr ·
$16.19
Any news abut it?
👍  , ,
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vote details (3)
@mrgreen ·
sent 16 steem about 14 days ago, one day before they switched off the wallet, nothing has arrived so far.

I'm not even open the ticket, 'cause I think it's kinda useless  action for now.
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@versusvii ·
$0.05
I will try your method
👍  
properties (23)
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vote details (1)
@nezbong ·
seems like litecoin is the way to go these days. 
https://media.giphy.com/media/l4FGwBxQ8VjtzNcv6/giphy.gif

super fast
properties (22)
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@noaommerrr ·
$15.14
You can transfer now
👍  
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vote details (1)
@noaommerrr ·
$15.72
Send SBD to polo and nothing in polo almost 30 min!
👍  ,
properties (23)
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vote details (2)
@tarquinmaine ·
Poloniex withdrawals and deposits are back open with 20% arbitrage...
https://steemit.com/steemit/@tarquinmaine/heads-up-20-arbitrage-between-poloniex-and-bittrex-for-steem-dollars
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created2017-06-28 13:21:54
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@stadsmanneke ·
Just a wild guess why Poloniex disabled Steem and SBD.
https://steemit.com/cryptocurrency/@stadsmanneke/steemdollar-on-poloniex-sbd
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@kid4life ·
I BUY MORE AND MORE!
--
properties (22)
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@tarquinmaine ·
@jerrybanfield WARNING! - UPDATE - After nearly 10 hours and 3 support tickets - deposits to Poloniex are not being credited. One support ticket was replied to and said this: "I am very sorry to inform you that we are currently experiencing a momentary problem with the wallet and had to disable it for maintenance. As soon as the wallet is re enabled your deposit will credit."
So take care... they are accepting deposits but currently not crediting them.
properties (22)
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@shariqriaz ·
poloniex is messing with us all read my post and see for yourself

https://steemit.com/poloniex/@shariqriaz/poloniex-is-lying-about-their-sbd-wallet-maintenance
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@ionlysaymeep ·
meep
properties (22)
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@shariqriaz ·
poloniex is messing with us all read my post and see for yourself

https://steemit.com/poloniex/@shariqriaz/poloniex-is-lying-about-their-sbd-wallet-maintenance
properties (22)
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@exan ·
<table><tr><td>https://steemitimages.com/60x60/https://cdn.pixabay.com/photo/2012/04/16/12/26/chart-35773_1280.png</td><td>

**Congratulations @jerrybanfield**

You took 59 place in my [Top 100](https://steemit.com/statistics/@exan/top-100-posts-with-maximum-payout-2017-06-30) of posts
</td></tr></table>
properties (22)
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authorexan
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@bitcoin1488 ·
hey wtf? Never received a confirmation or sbd? Just that I transferred steem to blocktrade.
👍  
properties (23)
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vote details (1)
@infantbarry ·
Very good blog. Good to see I'm not the only one that is thinking about this. It surprises me people don't do their due dilligence on the coins they invest in. How can you invest in something if you don't know it's Trustworthiness.  Personally I always use:  https://www.coincheckup.com. This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis.  For example:  https://www.coincheckup.com/coins/Steem#analysis For a complete Steem Investment research report.
👎  
properties (23)
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vote details (1)
@mirzatawhid ·
amazing post..thanks for this information...really appreciated.
properties (22)
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