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RE: Earn More & Power Down Faster - Video Chat with Mrs.Steemit

in #steemit8 years ago

Fast power down looks dangerous. Big accounts could quickly take out their capitals. We already see massive withdraws and now it create more pressure to STEEM ex-rate. May be much harder SP accumulation could compensate this trend in future.

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Indeed but I think that it's good to let people that want to cash out to do so. A bunch of people will exit the steem market and the price will likely drop as a result but then it will start rising and continue rising as new people start buying-in because of how much more attractive steem has become to alt-coin speculators. It'll be fun to watch it all play out either way though :)

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