This is such a great idea! It will increase liquidity on exchanges and the price volatility will increase as well (probably by a lot). To the upside and to the downside! This is great for specualtors like myself who are only looking for the next best price to dump their coins for a profit............IRONY OFF..............
It is as Aggroed already said: a big reason why we are a strong community is because of the fact that you cannot just pack and leave within a month...
Don't be stupid please, this idea is ridiculous. It will not promote growth, it will only PROVOKE speculation. Investors would feel safer but the cost for this is too damn high.
People who do not believe that STEEM has a bright future, should not invest in it in the first place... those people should stay away... don't invite them to the party... or they are going to trash your home (and jobs by the way)
The risk of this going bad is way higher than you are anticipating.
WHAT THE FUCK? Seriously, I hate this idea very very much.
STEEM is not some fucking pump and dump coin. Everyone and their grandmother will buy at 20 cents sell at 40 cents, buy at 20 cents sell at 40 cents.
We will never go anywhere because as soon as the price picks up upside momentum after a week everyone and their grandmother will temporarily dump 1/4 of their coins for a profit.
SERIOUSLY, WHAT THE FUCK???
If this were the case Steem would be a top 10 coin instead of struggling to be top 100. The top 10 have high liquidity and people speculating a ton. That creates a healthy market, not the other way around.
While you are here only for the cause and not profits?
Everyone wants profits. Do you really expect the price to climb up to 1 $ or 3$ or 10$ without any trades in between? For every dumper there is always a buyer. Eventually the coins will end up in "safe hands"