You are viewing a single comment's thread from:
RE: Some thoughts and facts on STEEM
Didn't know they were planning on shorting the time for powerdowns. How do you think that would affect the price when applied? Don't you think it'll give some people and easy way out? I mean everyone is entitled to do whatever they want with their stake but wouldn't that be negative for #steem?
Regards!
imo: Shorter powerdowns provide more good than bad. It allows projects to move steem from one place to another, like maybe new projects or new initiatives.
4 weeks is still plenty of time to see if a large whale is making big moves. Besides, the current 13 weeks doesn't prevent anyone from dumping their steem, it just makes them wait.
There aren't many advantages to having super long wait times, contrary to popular belief.
At this point anyone who wanted out will have had the time to do so, I think this will be better for investors who don't want to lock up their coins for too long and provide more liquidity to exchanges.
Yes I pretty much agree, at this point a lot of users would have left. Do I have your permission to translate this post into Spanish? I could provide the translation and you could post it, this blog is very informative and it may serve well to the spanish community. Cheers!