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RE: HF Proposal: Vote to Reduce Power Down Period to 4 Weeks
How can having more short term investors who try to squeeze as much value as they can out of the steem until they leave at the first sign of trouble(thus intensifying every price drop) in any way aid the value of steem?
That’s the reality of investing, same happens on BTC they dump when they see risk ahead and buy again when things are looking positive, the point is they keep creating liquidity and market activity, with a long pd cycle we will have stagnant market conditions and we will make steem less attractive for both long and short term investors.
That's not true.. Steem is liquid!
It's only Steem Power that's stake and anyone and everyone already has the option of entering and exiting Steem as they please?
Just like Bitcoin.. there is no need to stake if a user is just a trader.