OWNERS OF STEEMIT CASHING OUT!!!steemCreated with Sketch.

in steemit •  7 years ago  (edited)

atm-cash.jpg

Here's an example:
Main steemit account transferring 1.5m steem to steemit2

STEEMIT.JPG

steemit2 receives and transfers 694000 steem to alpha

STEEMIT2.JPG

alpha then transfers 400000 to blocktrades

alpha.JPG

blocktrades is used to trade into other currencies

https://blocktrades.us/

then theres this post:
https://bitcointalk.org/index.php?topic=1558366.0

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So? What is your problem with this?

Well that they are telling people to power up their accounts and invest more whist they are pulling out millions

Hope this isn't true... Any possibility they are just shifting the money around?

Blocktrades change STEEM into other crypto's so certainly looks like it to me

They have to cover their costs... I imagine this website costs at least 400 steem per day to operate.

If the owners are holding much STEEM, it's a bad thing.

If the owners are selling much STEEM, it's a bad thing.

This is good long term.