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RE: Why Steemit Inc Selling It's Stake Is A Good Thing!!!
What I am looking to see is who is buying right now... The huge powerdowns have not been sent to exchanges yet but proces have increased in a flat market. I think it could signal a potential whale buying up stake for a project of some sorts. It is clear that volumes are higher than usual so it will be interesting to see how it plays out.
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Dear @newageinv
And would you have any suggestions?
ps.
I found it quite amusing that for past few days everyone seem to be worried of STEEM being dumped into market by Steemit Inc which could cause price to drop, and at the same time we're experiencing over 50% increase in price. Which noone can explain.
Yours
Piotr
I would suspect that there may be a group of investors are buying some up to launch a blockchain project on Steem. However, some are saying it has to do with Bithumb opening their wallets.
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Hi @newageinv
Thank you for your kind and mature reply. I really appreciate and value your comments a lot.
Yours
Piotr