RE: Feedback Wanted: 4 Week Power Down

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Feedback Wanted: 4 Week Power Down

in steem •  5 years ago 

Whales dump only part of their stake. If they dump everything, the coin will clearly stop going up in price.

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5 years ago by

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      ·  5 years ago 

    That is one of the things we need to be cautious of. How can we know that certain whales are not pushing this 4 week shift because they want to dump everything and leave everyone else will greatly devalued STEEM? We wouldn't know until it was too late. 13 weeks on the other hand slows a whale's ability to dump all of their coins.

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      ·  5 years ago 

    If they dump at this price then it's the best thing that could happen to steem. We are near all time lows.

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