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RE: Do we have a real reason to be WORRIED with recent @Steemit account 7mln SP POWERDOWN?

in Project HOPE4 years ago

hello how are you, interest article, I think that all the points are valid, you just have to take into account something, there is definitely a purpose for those 7 m of liquid steem, particularly I think they will try to manipulate the price a bit to be able to sell in stages, previously steemit was no longer profitable and that is why they regularly sold steem and there was also the famous downsizing of the steemit company, it is likely that this new board wants the project to grow but they are looking for liquidity money to finance it, personally I think that those 7 M of steem will undoubtedly go to fiat, although gradually and with a strategy so that the price is not greatly affected.

regards

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