RE: STEEM - Sitting on the MMA50 - Break Out not yet invalidated

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STEEM - Sitting on the MMA50 - Break Out not yet invalidated

in steem •  7 years ago 

STEEM is not just about TA, you should analyze behaviour of whales who are powering down, for example...

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7 years ago by

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      ·  7 years ago 

    Don't be so afraid about power down from Whales. Me by example I'm always in power down but I will use it only in case of good opportunities. As you have to wait each time 1 week to have 1/12 of you SP, I already missed in the past some good days to sell. But each time my power down is done, if this is not a good price, I power up.

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      ·  7 years ago 

    All right, but I guess there are whales who are powering down and taking money away...your approach is good and I've read about it earlier :-) Is there any problem about powering down? I mean something like your voting power cut in half or something like that...?

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        ·  7 years ago 

      For sure it is impacting the voting power. The number of steem power down is not taking anymore in account for your upvote.

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      3 votes
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        ·  7 years ago 

      Let's have an example. I have SP 130 and I'm powering down 65SP so every week I will receive 5 STEEM and my new voting power in first week equals to 65SP or 125SP? I guess only 65SP...

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          ·  7 years ago 

        Next to that, the volume done by traders is much more important than the volume done by whales. So I'm really not convinced that whales have a big impact on the price.

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        3 votes
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          ·  7 years ago 

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            ·  7 years ago 

          Exactly, thanks

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