I can Think of an Easy way for Dan to lower his SP without Killing STEEM Value
I will make this as easy as possible for @Dan aka @DanTheMan to comprehend. You got two accounts, with an estimated combined SP Power of 7,225,511. His Larger account "DanTheMan" has roughly 2,933 followers. If Dan distributed his SP Power equally to all his followers it would be roughly 2,463 SP per follower of his. Since he is leaving Steemit, the last thing he could do for them is to give them all an equal share of his SP power to help decentralize the platform significantly.
Just a thought. If he really is worried about censorship on this platform, that gesture would decentralize the platform significantly, or if he even did it with half his SP it would significantly decentralize things.
Other than that big Thanks to Dan Larimer for the steemit platform and all his hard work, I wish him luck in the future.
Don't forget to follow me @TitusFrost for more of my work coming in the near future...
You can also connect with me on:
- Twitter: @ImperatorTruth For the time being lulz.
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- YouTube: "Titus Frost"
- My Published Book: "The Lost Truth"
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I disagree. The followers crowd could in turn trigger panic selling and make things even worse. Imho a better alternative for everyone, including Dan would be to pump sh*it out of STEEM 'DASH style' (400-500% in two weeks) out of the blue and then slowly start selling. This is quite unlikely to happen, though.
Btw. Sorry for bad wording.
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Yeah, I can't disagree with you because I have no idea what you are talking about lolz, I don't know what Dash style is.
Yeah, well if he pumped the price up that would be good for him but then he would have to distribute even more right? To pump the price up he would have to acquire a bunch more correct? Which would require even more dumping after?
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Your plan is sound @titusfrost. I agree.
I think his account or accounts should be dispersed to his many followers and he should create a new account from scratch and come back to SteemIt. I'm also certain that NOW, thanks to Britany Petibone taking the plunge, MANY new #pizzagate investigators will bring some growth. Are you following her yet?
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No but I told her to join and she told me in a private DM that she didn't want to. I guess she changed her mind.
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To clarify DASH pump, see https://poloniex.com/exchange#usdt_dash , click monthly view.
The pump was executed during last 30 days without any huge announcements, the price went up 400% against USD. This approach obviously requires cash and "strong hands" that we do not have here. If done right the distribution on big volume does not hurt so much. This is a common approach in stock exchanges on pink stocks, first accumulation on low volume, then pump.
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