From what I've seen you are trading a lot with your emotions and jumping on every hyped crypto. So I understand how locking your crypto may help you in that regards, however long term holder trade rationally.
AFAIK users are not required to lock any funds to become a dash masternode, so it would be exactly like steem without steem power. If masternodes had to lock their funds for 3 months there would be a lot less of it.
RE: Fixing a Problem in the Economics of Steemit
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Fixing a Problem in the Economics of Steemit
if user sells their 100 DASH and only have 900 DASH left, that user no longer has a masternode, so it's locked up for sure. There are far more traders who trade on emotions and jump on bandwagons than there are long term holders(rich people). STEEM needs steem power to protect it's market against FUD and emotional trading.
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If the user sells 100 dash then his masternode automatically goes offline, the money is not locked and can be withdrawn at any time.
That's incorrect and long term holders are not necessarily rich people.
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if steem power lock was removed today, steem price would crash today
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That's FUD, only emotional traders fall for this.
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based on performance, selling steem for DASH or Ethereum today is the smart way to trade, so removing steem power lock is guaranteed to crash the steem price, it would take months for steem to recover, if ever
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Steem's poor performance is due to the lock in period. The transition from the weak to strong hands that should have taken a week took about 9 months so the chart is not looking pretty.
Most of the steem is now in strong hands which is why the price is starting to go back up. It's also why there will be no crash.
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there is no hand stronger than the mechanics of steem power lock up for 13 weeks
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This is only true for emotional traders like you, not long term holders.
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