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RE: Time Will Tell, Steemians!
BTC-halving caused price surges in the past but if all are expecting the same, can be different this time.
Steem inflation is out of control sometimes: https://steemit.com/steem/@deathcross/and-the-real-steem-inflation-rate-in-the-last-365-days-was
In a hype, they buy it all. In a crash, they sell it all...
If they'll sell it isn't good thing but sometimes selling makes it more decentralized or centralized... Since whale buy it mostly during bear market.