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RE: Urgent Community Petition: Steemit Inc. to Stop 34 Mil SP Powerdown!
Sure but we don't know the intention is to sell. Also currently the inflation of Steem is 8.5% so maybe at 800K pm the have only been selling the inflation, they can keep dumping forever. This does accelerate it more and if they sell could be a good thing, but again we don't know if they plan to hide it.