You are viewing a single comment's thread from:
RE: The Tron Effect on Steem | Numbers on the Tron Tag, Overall Activity and Power Downs
Damn thats quite the reaction lol lets hope the power down helps with distribution, more steem in the hands of more people is always a good thing
Just now watching the @exyle interview ... this may calm things a bit....
I watched it too, hope they walk the talk words mean very little in this space! Also better get ready if 6 million steem is about to get dumped on the open market could be cheap as chips soon!
It need 13 weeks :) ... meaning around 460k weekly, if we assume worst case scenario that all of it will be dumped immediately... having in mind that the steem volume is more than a million $ per day...(a lot bots included).. reaching even 5 M recently ... this 100k or so weekly wont change much
Some may be canceled by then as well
Good to know, FUD is probably rampant right now.
And this is example for why I voted against the 4 week power down.
Do you know what is funny? Some people are talking about powering down millions of Steem as if they were just/only came from the grocery store. Probably that is a very small amount of money for them.
lol well clearly they picked it up for pennies or were one of those who got 4k upvotes when it stared! Powering down also helps some peeps not hog the inflation so go for it kids