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RE: Thoughts on Reducing the Power Down Period to 4 Weeks from 13 Weeks Currently

in #stake • 5 years ago (edited)

As it is presented there, with full power down after one week and no other restrictions I don't agree with. Too beneficial to speculators, too detrimental to people seeking protection.

5 years ago in #stake by
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     5 years ago 
    • Speculators will advance the price
    • you can think of ways to protect people.
      Then a steem from an old man who is barely moving will turn into a young sportsman) We need to run, we need mass adaptation. this is just my opinion, but I'm sure of it
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       5 years ago 

      Speculators... speculate. What they do, they provide liquidity, or rather daily transactions volume. But they are just as active on a pump as they are on a dump. They are needed, welcomed I'd say, but we can't rely on them to push the price up. The price will be pushed up by investors and businesses on Steem.

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         5 years ago 

        Speculators and investors are Yin and Yang, it is like white and black, it is like light and darkness - they need each other. The truth is somewhere in the middle !!!

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         5 years ago 

        Speculators and investors [...] need each other.

        I agree with that, 100%.

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