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RE: Exchange Transfer Report: 1/21/2018 to 1/27/2018
The information is interesting but I wonder about its meaning. For instance, what does it mean when big players cash out huge sums of Steem daily? Does that help of hurt the community?
If behavior like that happened in the stock market, it would raise all sorts of red flags, but in the case of steemit it seems like the major players are cashing our on the interest earned by holding Steem, which apparently is millions of dollars per week. Its hard to makes sense of what it all means from a big picture standpoint. Anyone have any thoughts?
I shared some thoughts on the very first post in this series about what it might mean. Please give that a read and see if it answers any questions.
I took a look. Seems like a positive thing
Whales selling distributes STEEM/SBD to more people which decreases the centralized wealth problem. As long as it doesn't flood the market of course.
The Company Selling for operations costs ...etc. That makes sense.
Crypto in general is so new that I'm still trying to understand everything. I often wonder how some of these crypto projects are going to generate revenue long term in order to sustain themselves. Many do not seem to have that figured out yet other than paying their employees in their own token and selling them to the market as they increase in value - thats not really sustainable. Anyway, that's another topic though.
Cool cool. Thanks for the info.
You're welcome!
D'link...d'link...Please...thank you!
Great post!
To all: Does anyone have an opinion about freewallet? The only reviews I could find are months old.
Peace.