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RE: The "Whale No Vote" Experiment - Whale Participation Data
Would there be a link between "experiment" and the increase in the price of steem?
Would there be a link between "experiment" and the increase in the price of steem?
There are a lot of factors that influence price. IMO though, the whale experiment has shown a level of leadership from the community that we have not seen in a while. Whether people agree with the direction or not - someone is taking charge and driving us to a new place.
I would say no. There was a spike in the price of Steem today due to a pump that Steem received when someone deposited hundreds of BTC's into it.
And if there has been an injection in Steemit, maybe a new confidence is being established? It is a good new!
I won't deny that's a possibility.
On the same token, I won't deny that it could be a simple transaction between bitcoin holders who know Steem has no transaction fees.
We will see in a few days if the trend keeps! Nevertheless, the experiment was a request that had been made for several months.