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RE: My steem power down payment is "infinite"

in #steem8 years ago

Sounds very speculative, my flow is to dive into the power down experience and see what happens, and it wont affect the market cap, my share is dust compared to many others. Ned and Dan are both powering down right now and it has no effect on the market. My first payment would be 150, but my second power down payment should be over 200 steem, and that's not considering me earning steem power from a blog post that get's a big payment.

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I think maybe the key is Steem Dollars. If you power down but only trade your Steem for Steem Dollars then the Steem can be recycled into Steem Power. The economics are complicated though and too much free floating Steem could result in a lowering market cap which could reduce payouts, so we have to wait and see which way the market goes.

It's not a good idea to have everything tied up in steem, as it only started a few months ago, it still has to prove itself as being a good store of value over the next 2 or more years

Can you tell if other accounts are powering down

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