Pulling a NED
What you talkin'bout boy?
So I read here on steemit the other day that Ned is in a large powerdown, but not cash out. This bring my mind to ask why... or why not!
- Is he readying himself for the release of SMT's... will we need Steem to purchase them?
- Is he about to cash out to some large whale to purchase something else?
- Is he powering down to equalize some function in Steemit?
We may never know
We may or may nt find out why,but all I know is I am doing the same thing. If it is in fact to purchase SMT's upon release, I may as well be ready as opposed to having to wait for weekly dispersals on the power down. I mean if you do need Steem to purchase SMT's then I rather be positioned than waiting.
What if
And what if it is not for that reason, or you need Steem Power for the SMT's (I am really in the dark on this), well a power up is a lot quicker than a power down, so time will be saved. If he is selling and it affects Steem price, well a quick exit may be prudent.
I guess time will tell, but I may as well take the same position in wait.
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Image Credit: pioneeringminds
Great information about NED @kyusho. I appreciate your work.
Thanks for sharing this post.
Have a great day! ☺
Lots of question hovering in mind regarding that well in the upcoming day who know we might know about it
Well if it is to purchase or transfer into SMT's better to be ready... I can always power up again quickly.
Always ever ready lets wait for the next move ; )
Ok ill follow you , to check what better to do.
Some people tell me better to power up till the bit coin rise up again , what you think .
Where are you reading and or procuring this information from? Following