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RE: New miner dominating the queue + my opinions
It is curious, but I'm not sure if the fear of a GPU miner would pull the price down much. Mining creates such a small portion of the Steem Power being distributed, and it takes 104 weeks to cash all of it out, anyway, so I don't expect any miners to be in it for a quick payout.
You're underestimating the emotion of the market.
John Keynes (Famous Economist) once said - "The market can stay irrational longer than you can stay solvent."