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RE: Should Steemians Get Worried: @steemit Account is Powering Down

in WORLD OF XPILAR4 years ago

hi @chriddi

I just posted my opinion on current power down done by @steemit. Check it out and share your view. I'm personally not very concerned and I explained why in this post: https://steemit.com/hive-175254/@crypto.piotr/do-we-have-a-real-reason-to-be-worried-with-recent-steemit-account-7mln-sp-powerdown

cheers, Piotr

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If I'm completely honest, I don't feel like any more speculation - why, why, why - until Steemit does not express itself. If they say nothing? Then I guess it's none of our business and we'll see what happens. That money belongs to Steemit, they can do what they want with it.

That money belongs to Steemit, they can do what they want with it.

That's true.
However, if anybody does anything with such a huge stake, that can have an impact on the value of your or my stake, as well.
Combined with the lack of any official information about the purpose of the power down, that means everybody must decide themselves how and if to react.

I cannot give you any advice, because whatever I think or conclude isn't based on knowledge but only pure speculation.

Perhaps my comment is a little misleading due to its brevity. It's clear to me that what's happening around the steemit stake also affects our stakes, I'm not naive about that. But I don't want to act based on pure speculation (there are already many theories) and certainly not panic. So instead of thinking a lot or reading a lot in advance, I will wait for a statement from Steemit or watch what might happen to the liquid Steem coins already today. I do not hope that my possible reaction is already too late by then.
Did you also read my comment to Stef1? It might tell you what my first thought impulse was. I just don't believe that the owners of Stinc want to ruin themselves and us on purpose.

Dear @chriddi

That money belongs to Steemit, they can do what they want with it.

I actually agree with you. If I were running Steemit Inc, then I would probably power down myself and transfer funds to exchanges and then from those exchanges to several previously created Steemit accounts. That would allow me to process without people commenting every little action I do.

Yours, Piotr

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