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RE: Hardfork 16 Will Not Happen Today - Temporary Delay

in #news8 years ago

The more liquidity people have the more confident they are in an investment. To sell Steem someone has to buy it off you. You are being contradictory - on one hand you are "long" on SP on the other hand you are worried about paper losses in the future and therefore are questioning your "long" position? If SP was transferable I would be making a lot of deals to buy it right now ;) Good luck whatever you decide.

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Recognizing more than one side of an issue isn't contradictory, it's being sensible about my own situation. I said, I've never powered down, but only because it wasn't the best option to do so. Powering down isn't selling unless you power down and sell. SP is only as valuable as the underlying STEEM behind it. If more people have more to STEEM to sell all of a sudden, and choose to do so, then the price is going down. My decision is whether or not to join in the 90 day power down or not.

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