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HELL now! DO NOT worry! A POWER DOWN is NOT selling steem! He is most likely powering down to help distribute his steem around to more accounts for more Steem and hivemind/SMT related projects!
Why would Ned be powering down to SELL steem at this low price? Makes no sense, we just talked to Ned in @mughat 's channel and hes VERY much engaged and onboard 100% more than ANYONE here!
I have a feeling he is powering down to start a side project based around SMT (Smart Media Tokens) Which means a real launch of SMT should be about 3-6 months away or happening some time at the end of this year. That would be my best guess
In my opinion it is absolutely irresponsible that Steemit CEO Ned Scott reduces his voting power by 50% without making any announcement. Imagine, Elon Musk selling 50% of his Tesla stakes without any statement about it. Would you like to be invested in such a company? I certainly don't.
It is not the case that everyone who holds a larger stake is obliged to make a corresponding statement to sell his shares. But, as a CEO you have a certain responsibility, because you can cause panic and cause considerable damage to the company and its investors or in this case also to users.
For my part, I will certainly draw the consequences. In any case, Steemit and the company behind it have lost much of my trust.
Power down is not a SELL move. Read above comments, @ned is planning to use its STEEM and SBD for the upcoming SMT release. SELL move is when you exchange for something else than STEEM/SBD, which is NOT happening here.
lul bro, Im not against you, why you flagged me? I jsut mentioned that I thought you got arrested coz I saw videos telling so last month.... I meant no harm bro.
That's new info to me. I would think he would talk about it beforehand and be clear about what he is doing. At least he can't pull the Charlie Lee dump. He has to wait for his power down like everyone else. I hope it has more to do with powering the SMT ecosystem with it but we will see..
if any company/site wants to follow rule strictly then the admin is also a member of the cummunity he should also act upon that rules, that Steemit CEO Ned Scott reduces his voting power by 50%
Hahhaha, That is hilarious!
You got a 6.45% upvote from @emperorofnaps courtesy of @equ1l1br1um!
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Here ya go, a lil insight on the situation.
Truuuuuccceee
"ultimate truuuuccceee" lol
Should we be worried about this? Steem has really taken a big hit lately!
HELL now! DO NOT worry! A POWER DOWN is NOT selling steem! He is most likely powering down to help distribute his steem around to more accounts for more Steem and hivemind/SMT related projects!
Why would Ned be powering down to SELL steem at this low price? Makes no sense, we just talked to Ned in @mughat 's channel and hes VERY much engaged and onboard 100% more than ANYONE here!
I have a feeling he is powering down to start a side project based around SMT (Smart Media Tokens) Which means a real launch of SMT should be about 3-6 months away or happening some time at the end of this year. That would be my best guess
Interesting perspective
That will be a little too late if its going to steal the thunder from EOS projects I think..
Like they are doing that well... ;)
I am seeing a lot of action brimming up right now. I would be coy to underestimate the EOS machine.
This user is on the @buildawhale blacklist for one or more of the following reasons:
stop
Why can't they leave you alone. This world
well, this is a reflection of his past actions, all he can do is bear it.
I get these messages too. It sucks.
Badcontent is the biggest spammer on steemit 🖕
Badcontent is a bot that gets people added to it based on the amount of reports that person gets for one reason or another. Soooo yea.
In my opinion it is absolutely irresponsible that Steemit CEO Ned Scott reduces his voting power by 50% without making any announcement. Imagine, Elon Musk selling 50% of his Tesla stakes without any statement about it. Would you like to be invested in such a company? I certainly don't.
It is not the case that everyone who holds a larger stake is obliged to make a corresponding statement to sell his shares. But, as a CEO you have a certain responsibility, because you can cause panic and cause considerable damage to the company and its investors or in this case also to users.
For my part, I will certainly draw the consequences. In any case, Steemit and the company behind it have lost much of my trust.
Power down is not a SELL move. Read above comments, @ned is planning to use its STEEM and SBD for the upcoming SMT release. SELL move is when you exchange for something else than STEEM/SBD, which is NOT happening here.
Then he should publicize it. As a CEO he should more communicate about that sensitive stuff.
lul bro, Im not against you, why you flagged me? I jsut mentioned that I thought you got arrested coz I saw videos telling so last month.... I meant no harm bro.
That's new info to me. I would think he would talk about it beforehand and be clear about what he is doing. At least he can't pull the Charlie Lee dump. He has to wait for his power down like everyone else. I hope it has more to do with powering the SMT ecosystem with it but we will see..
if any company/site wants to follow rule strictly then the admin is also a member of the cummunity he should also act upon that rules, that Steemit CEO Ned Scott reduces his voting power by 50%
Looks like he is also sending a lot of Steem to a new account called @brixtongg. Wonder what that is all about...
interesting!