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RE: Steemit: The Dumpening – Or – What to Expect from the Coming Changes

in #steemit8 years ago

What do you think will happen to investor confidence when the owners are exiting with a potential timeline of 13weeks? ~1 fiscal quarter?

It may not be good for confidence initially, but I don't believe that the "owners" are going to sell their entire stake. They still have a fairly good reason to remain as large stakeholders, unless they completely abandon the project. I don't think that's the case and I hope I'm not wrong about that. Confidence will come from investors when they see that the currency is being used to create additional/better interfaces and that the potential for widespread adoption is greater. Investors won't show up just because some people stop selling their stake. They'll show up when the currency has sound fundamentals - like actually being used in commerce.

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