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RE: Update: Join @justinsunsteemit Town Hall Tonight!
What would happen if users initiate mass withdrawal of STEEM from all exchanges? Would voting exchanges be forced to buy / borrow STEEM from other exchanges that did not lock up their coins? If so, would this liquidity crunch create any price premium on STEEM itself?
Already happening.
Funny as you say. I mused the same yesterday:
https://steempeak.com/steem/@vermithrax/re-markkujantunen-q6s7tz
But not withdraw. Transfer then them into SteeemIt accounts. That ways the exchanges have to provide the coins.