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RE: Bitcoin sneezes and the rest of Crypto catches a cold
Isn't it a good thing if Steemit dumps it's stake on the market? I know the price will drop initially, but we will be able to buy the Steem up, at a discount and make the Steem Blockchain more decentralized in the long run? No having one entity with such a large stake anymore?
In the long run possibly. But I was hoping Just would use some of his resources to build STEEM up. IE get it listed on more exchanges, get it integrated at more places, help provide funds to build some apps etc. Or even just pump the price... If they are bailing on their investment, all that goes out the window.