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RE: Is it a better idea to power down with a hard-fork instead of a market dump?
The powering down takes 2years. Steem exploded from 20ksat, so at 7-8x prepump price i still think its healthy. Plus it allows new users to buy in much cheaper so i wouldnt consider it totally bad. I personally dont think a fork is needed.
This can create tremendous uncertainty in the market until most of the steems are taken out. Markets are very fragile little thing right? We don't want to break the goose that lays the golden eggs. The force behind popularity of a platform is it's momentum. Momentum is price driven. I think some part of it just needs to be forked out and eliminated. The system is still in it's beta stage for God's shake. Why kill the markets? It's not a wise move.