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

in #steemit8 years ago

There are many large stakeholders that have been powering down their Steem Power holdings over the last several months. It should not be surprising to see them continue to power down. The difference after the hard fork would be that they can exit their long position at a much quicker rate. All other factors being the same, this would likely drive the Steem price to new lows. This can cause other long-term investors to panic and want to begin cashing out some or all of their holdings as well – and force the price even lower.

This is my assumption ^

I like these changes---but i think its going to confuse and anger many people . Perhaps I'll be wrong though. It's happened before!

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