Steemit is powering down 34,005,101 SP, what do you think?
Steemit is powering down 34,005,101 SP, what do you think?
Hello everyone!
I was really shocked as I seen that Steemit Inc. is powering down more than 34 million Steem. What do you think about that?
You can read here more about that.
- I think that they're not going to sell it instantly
- I think, Steemit Inc. is going to dump everything for a cheap buck
- I have some other opinion about their steps which I want to share with you
Answer the question at dpoll.xyz.
Voted for I have some other opinion about their steps which I want to share with you.
I have no clue why. But I guess it just means that more of the reward pool will go to the rest of the users.
Voted for I think that they're not going to sell it instantly.
Voted for I think that they're not going to sell it instantly.
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Voted for I think that they're not going to sell it instantly.
Voted for I think that they're not going to sell it instantly.
Voted for I think that they're not going to sell it instantly.
Voted for I think that they're not going to sell it instantly.
Voted for I have some other opinion about their steps which I want to share with you.
Just as @marki99 wrote in this comment:
"They could have a million reason to power down, I don't get why you see only two reasons. Maybe they want to sell as they think the market will crash even more, but then buy later. This isn't a lack of confidence in steem, it's only realism about the current market.
I was a holder of 20 000 steem, sold at 60 cents. I can now buy a lot of steem and almost become a whale, bu if you look at my account I have 500. Does that mean I don't believe in steem? Of course not. I can't wait to buy steem and look at my huge stake. But I have to be patient because I am an investor and my primary goal is to make money."
Yeah, that might be a good reason. =) Thank you for quoting.^^
Voted for I have some other opinion about their steps which I want to share with you.
The reason is clear According to this post;
https://staging.busy.org/@krnel/steemit-is-powering-down-34-million-sp-transferring-to-bittrex-and-pulling-delegations-why-it-s-good-news
I'ts a supposition. Maybe selloff and decentralization could be positive in long term, but in short term, causes a bloody Steem crisis.