ned is powering down 1/2 of his SP... so that's at least something to consider.
You think he's getting ready to jump ship before it all crashes and burns? Or do you think that's because he thinks the price is going to go up and wants to be ready to cash in?
I don't know exactly what to make of it. On one hand, that is a large % of his stake. And this fact makes me think he is doing something different than "jumping ship"....
I think he might be bringing in a new player, who may have made him sell a stake to get involved. It also could be a "takeover" by someone or some entity and they are ousting Ned.
I don't know, but I did think it was strange that right after he did the powerdown, he then put out a stupid "hey guys, just ending another productive day" post.
I don't know him, but usually guys like that have enough smarts to realize that people will see what he has done. His lack of addressing it tells me that it is more than he is just getting out because the ship crashes (and he can't disclose the reasons yet).
Nonetheless, until he addresses it, it will put doubt in people's minds.. That will create some downward pressure.
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Ned isn't exactly the most tactful guy. He makes a lot of mistakes that could be alleviated just by communicating well. It's still a small group of people and if he would be open and honest with us, we would get father, faster. As it is, all the obfuscation and double-talk are doing more to hurt Steemit than anything else. I still remember him going on Bloomberg and the price dropping immediately after. Doesn't bode well. Still, we'll see.
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