The Whales Are Not Selling

in steemit •  8 years ago  (edited)

So far it looks good. 

The temptation is there but they are holding strong! It would be very easy for them to convert to Bitcoin.

Order Book On Bittrex. As you can see if a whale wanted to sell he can.

Rare image of some Whales

Massive chart moves. With zero Whale waves crushing it down.

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This post would have been much better with evidence and analysis. Why is it good they aren't selling? How do you know they aren't? Think about it.

If you look, that picture was from july 12 or so... Total bs!

How do you know?

Fixed it eeks

Thanks, it's better. But now the title is a little vague! I know, I'm the worst, never satisfied.

flagged because you spammed the #TAGS

Please don't take it to heart, but I invested in a downvote when I found this in "food". OWRLY?

I thought your article has value. Please edit your post to not have that many hashtags. I think the limit is 4-5.

I got really suspicious that this was a ponzi so I looked through some whale accounts the other day and only one was holding any steem and it was only $13k worth, probably from a recent power down. I may not understand everything correctly but wouldn't you think they'd all be holding some steem if they had long term faith in the cryptocurrency? Something still stinks around here.

They can't. Steem Power is locked for 2 years.

Question on that... I can't get a specific answer... Is it that you can power down and then you get steem every week for 104 weeks(2 years)...... OR when you power down you wait 104 weeks(2 years) and get nothing every week for 104 weeks??

  ·  8 years ago (edited)

nope they can cash out every week!!! meaning that if they have 1.5 million power steem for example they can cash out 15.000 each week ..... but since the price is growing everyday the cash out every weak may change...

Thanks for the reply, that's what I thought. And just to be clear you meant 15,000 not 15.000 right? But actually would be 1,500,000/104=14,423.076923076

All they have to do is create a bunch of accounts, transfer the value between them, then set all of them to power down, which is exactly what's happening. There are multiple threads with evidence.

You were a little early...

They sold right before the upgrade to .12.

What does that mean for the laypeople?

yo man your a tool. whales cant sell because its stuck in steempower. were in a steem bubble it aint going higher again - steam is 100% inflation.

yo man your a tool, da sistum is flawd and dey can cash out by makin lotsa acounts, transfurin valu to dem, den powerin all tha acounts down.

Steem
What's real price for Steem? 10-50$

interesting topic to talk about

i believe you have good investment knowledge. Can u share your views on this ?
https://steemit.com/steemit/@mjsteem/is-amway-a-good-option-for-business