You are viewing a single comment's thread from:
RE: Steem Power distribution trends - Steemit is becoming more democratic, diverse and equal! A detailed analysis.
Not that it matters but some of the redistribution may be from selling off-- not necessarily due to the mechanics/internal economics but regardless, it still matters. I'm happy with the direction it is taking. Good post.
That's a good point. However, the Powering Down process - which is the only way to de-vest - takes a long one. So even if someone were to power down 100%, that would be only be reflected as a ~2% decline in 2 weeks.
Very true and something I failed to account for. Good point.
Though the process would give around 1% per week right? As a whale, that might have some significant effect. But overall, I agree with you.
Yes, 1% per week, hence the 2% over 2 weeks. It would only be a worst case scenario of a 2% effect if ALL of them decided to power down 100%. Which is clearly not the case. Seeing as the decline has been nearly high single digits, it's definitely not a factor here. Within margin of error.