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RE: Steem is a River, SBD is Bottled Water and Steem Power is a Dam

in #steem8 years ago

So, with SP holding time going from 2 years to 3 months you basically are seeing your dam to be destroyed ?

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It will certainly face a bigger pressure. We'll see if it holds.

When I put on mine business owners hat, the only reason for me not to want 2 years long
investments would be I don't have any projects to last for so long

I can see many investors in this position. 3 months is more reasonable. It may create some selling pressure and drive the price low, but it should be short lived. People who want out will get out, but people who want it will come at a very competitive price.

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