So what price of STEEM do you think NED will dump his 1,000,000+ holdings at?
Our wonderful CEO has been powering down for weeks and holding STEEM. Obviously he plans to cash out. What price do you think that will be? @jerrybanfield is cashing out as well but said he would likely hold until price hits $2.
I personally bought in at $0.85 back in September, and then added a bunch more when it dropped down to about $1.50 to $2.00. Like most of us, I am down but as the golden rule says, only invest what you can afford to lose. I invested $6k, down about $3.5k but I powered down about a 500+ Steem to diversify into staking pools (Linda, Dev, Synx, Xgox, XP, Bit bean, Bitcoin Green etc).
Anyway, thanks for reading.
Loki
You can't unload that much Steem without tanking the market. If anything, he'd transfer it to a private account and unload it slowly.
There's also a good chance that he'll be using it for something related to the upcoming hard fork 20
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