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RE: HF Proposal: Vote AGAINST Reducing Power Down Period to 4 Weeks
it seem that we're on the same page @logiczombie
imagine all those people powering down to sell - if they would get all that liquid steem and dump it on the market. I would expect huge selling pressure, pushing STEEM to all time lows :/
Maybe this proposal make some sense, but consequences can be painful.
Cheers
Piotr
People wanting to power down will do so anyways, whether 4 weeks or 13 weeks. I don't think people will go rushing to the exists and tank the price if they drop it to 4 weeks, but I am also against changing it for the sake of changing it.
It's looking pretty bleak at the moment,
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