RE: What is happening with Price of Steem? ๐Ÿค”

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What is happening with Price of Steem? ๐Ÿค”

in steem โ€ขย  5 years agoย 

Justin is buying an equivalent amount of steem in other names, to have same control in hive ๐Ÿ˜€

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ย  ยท ย 5 years agoย 

that would be counter-intuitive to the goal of Hive chain split isnt it?

ย  ยท ย 5 years agoย 

Yes, it is but we never know what Justin is cooking.

ย  ยท ย 5 years agoย 

I honestly doubt that. He's not stupid. He knows the community can fork indefinitely and he can't buy up tokens indefinitely. In that game of attrition he could never win and it would not be hard for him to see that.

Now, it is possible that he is accumulating so that he can get enough Hive tokens to devastate Hive's economy by performing massive dumping. That would be effective economy warfare, but if he is accumulating its not to take control of Hive because that game can't be won.

ย  ยท ย 5 years agoย 

Then we will split blockchain another time.