no its not called competition
you see in a POS system the total amount powered up dictates total staking rewards over time this would increase with users investors if growth was happening and whales werent powering down
steem whales were taking turns up to that point then they just withdrew lots and dropped price
now steemitinc whales will do the same
so now is 5 times the users with half the rewards
Some power down. So what. People can do what they want. Welcome to a Blockchain freedom system.
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well steemitincs Steem was all exploited from the system and they've used new users to work promote steemit and stay powered up with promises of upgrades SMTs communities etc and then they power down themselves to sell
9 million steem sold by them since December, about $15- $20MILUSD you'd think that would see development,
also its not the first time the steem power gained by them was brought up as an issue it was claimed that it was a marketing budget
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Your flaw is that you think that just because you hold money magical stuff will happen the next week. Money people have. But creating stuff and build something still takes time. Can Microsoft build best OS because they have billions? Can they just click a button and create something new? No the OS still sucks. So it has nothing to do with money.
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the next week ???!!!
is years, never going to happen empty promises to cash out
you must be very new to crypto to be so naive there are scams everywhere many have fallen much bigger than steem
many have had great success on steem freely
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Yet you are still here. Haha.
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yeah just finished powering down 17 sp powered up
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