You are viewing a single comment's thread from:

RE: Instant liquidity for a fee?

in #steem6 years ago

Interesting thought, and the functionality should probably be there. Though, I would suggest that a smart investor wouldn't put so much into a time sensitive commitment, and the only people that might use this service would be panicked people trying to pull out after a crash similar to today.

It kind of reeks of another way for uninformed people to be taken advantage of when their FUD / FOMO hits.

Posted using Partiko Android

Sort:  

you know, I have thought of this too... but its one of those things that I'm still not sure where I stand...

Can we really protect people from bad choices? or can we just hope to be better at informing them...

again, dont know where I stand just yet...

Yeah its a weird one. Likely, the original poor choice would be locking up those funds. A small-ish fee to "fix a mistake" and liquidate isn't the end of the world, or most nefarious idea for sure.

Could be a decent way for people more committed to steem to get powered up on the cheap while "helping" someone...

Posted using Partiko Android

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 63696.24
ETH 2486.53
USDT 1.00
SBD 2.69