We are not sure if he has sold it yet as it says "Hiding my Steem from public viewing" though I think Steem is already doing well with little or no help from Ned/Steemit Inc.
Steem can survive with Ned or Steemit Inc.
What we need in my opinion is more projects and dApps. Projects and dApps like @steemmonsters @partiko and @musing are already bringing mass adoption of Steem and we probably need other projects with different ideas.
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It’s not hiding, it was transferred to bittrex
Yes, Bittrex has a Steem wallet where one can possibly hold Steem without necessarily selling or exchanging it!
I'm not saying he hasn't sold it but at least we aren't 100% sure!
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I think it’s unlikely that he powered down and moved it to bittrex unless his intent was to sell at some point in the near future. We would have noticed if he sold a large amount so he hasn’t sold much if not any yet. The concern is what would happen to the price of steem if he were to dump yikes!
I agree with you on this. There will be a massive drop with news of him selling off his holdings but then we can always walk our way back up.
Litecoin is still surviving after its founder, Charlie Lee admitted selling all his holdings.
Also, think of him selling as transferring powers. This will only transfer powers to witnesses, dapps and other Steem influencers.
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It’s not about the news, it’s the 1.5 million steem being dumped on the market with low volume thin order books I’m worried about.
Alright, I get it!
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Thank you so much for mentioning us!
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