Justin Sun - Friend are Foe?
So Justin Sun has bought Steemit with some of his pocket change. Have we heard about this, do people know this? It's been 3 days of contradictions so far and im guess we all belong inside Justin Sun's world now. It's the rollercoaster that we never asked for, yeah!!!! Ned found a dummy to buy his whole stake from him in 1 go.
What does Steemit as an investment look like to Justin Sun? I mean the guy has a shit ton of money. Im think a shit ton weighs more than a normal ton, a farmer once told me that in the bar one night after some blue aftershock shots. For me, buying 1 oz of gold in 1 go would require planning, months of savings, dedication and drive to the goal. My family life would suffer as I'd need to walk to streets picking up penny's I'd find outside the chip shop and around schools. Kids throw away a lot of money, not a lot of people know that. Justin Suns assumed holding of STEEM to him is worth..............
So it's not that much to him. 3 Lunch dates with SSUK will cost you about $23 and are $60 somewhere fancy with tablecloths and toilet paper in the bathrooms... We've heard that he controls 70 million STEEM, are that is the number being thrown around in posts anyways. 70 million STEEM is worth about $14 million that Tron's prob owns and not Justin Sun personally. That's breakfast, lunch and supper with Uncle Warren for 1 day.
What does the future hold for us as Steemians. Here today, gone tomorrow like dust in the wind maybe. Let's hope that Justin Sun turns out to be a good friend for Steemee and STEEM. It's would be fantastic to see him promote the shit outta STEEMee and really give STEEM the chance and exposure it deserves. He could turn out to be our Neo, the one.
Or it could go the other way. He could royally fuck us over with a big smile on his face. I don't think he will ever have the power to stop STEEM but if he wanted to, he could drive a hard nail in the STEEM coffin. We have to remember the Tron is the baby, the cashcow so if STEEMee needs to be thrown under the bus, it'll be done without much thought. I personally don't see this happening but it could happen. Everything could be going great a month are two and then out of the blue, just as fast as we found out that Justin Sun bought Steemee, we're fucked. He pulls some crazy super crypto genius move no one sees coming and STEEM is fucked.
Looks at his stupid face as he shafts us good and proper with that gab shite look on his face. Im not a Justin Sun hater are anything, it's just he looks so pleased with himself as he fucks STEEM. I guess i made my meme to realistic, i sometimes forget my memeing powers are powerful. Im actually a fan of Justin, well not a fan, i read stories about him that pop up on my crypto news app as he an interesting chap.
Right now, i have no idea. Long term and honestly my guess would be that this is not going to be good for STEEM. I don't mean that in a way that means STEEM goes to zero are even back down to 12 cents for that matter. I think overall in the bigger picture of things like 5-10 years down the line, STEEMIT/STEEM would do better on its own. Right now Tron owns 20% of all STEEM, that's not a good thing long term. Ned was a founder, Justin is an investor. I hope to eats those words someday.
Let us pray together that things work out for the best
STEEM ON!!!!
Amen
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Justin Sun was probable selling Steem from 29/30 cents all the way down to 20 cents right now
Posted via Steemleo
lmao, might have happened. STEEM's not been north of 25 cents for months now.
lmao, might have happened. STEEM's not been north of 25 cents for months now.
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So how do you think @spinvest andSPI will play out @silverstackeruk?
If he ever tries a token swap will SPI be still priced to match the new token?
This could have been orchestrated better, and been an encouragement, instant of installing FUD...
For SPinvest, we have to sit back, see what happens and adjust to best suit our needs. A new token would not be STEEM so i have no idea. Just have to wait and see how everything plays out.
I'm with you ...😀
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