You are viewing a single comment's thread from:

RE: Feedback on Dan's economic changes proposal: all good, but the 3 months power down of pre-beta stake is a giant blunder

in #steem7 years ago

If whales want to get out in 3 months let them. People will buy in and the price will stabalize. Its their perogative to power down - and powering down over the course of 2 years isnt evil - its dollar cost averaging. If the wait is reduced - you would likely see someone power down a couple weeks at a time and then stop it - some people need the money. I believe that 90 days is more than enough time for the market to absorb the loss - 2 years locked into a debt instrument for a cryptocurrency tied platform -is more faith than investment. Really enjoyed reading your take on things!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.032
BTC 58576.55
ETH 2982.45
USDT 1.00
SBD 3.71