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RE: Vlog 423: The current downtrend on Steem is taken many to the brink and beyond but not me.
It sounds like Steemit Inc is going to stop selling off their stake soon, so hopefully that will turn things around. It definitely has to be a little bit of a kick in the gut when you see the price drop so much despite how much you have invested in the platform.
Where are you hearing that from? Id like to know if there is any reason for them to stop selling. In fact, what would be nice is if they started burning tokens.
It might not specifically state it, but I think it was kind of inferred by this post.
https://steemit.com/steemit/@elipowell/steemit-inc-financial-update
The only thing I'm wondering here regarding the Steemit Inc selling is that the plan to stop selling seems to be based on Ad revenue. I've only started checking out the alternate front ends such as PALnet and SteemPeak but I have to say that SteemPeak is a waaaaaaaay better user experience than the standard Steemit.com website. Don't worry, I'm getting to the point...
If lots of users choose one of these alternate front ends, who is going to be looking at the Ads on Steemit.com? Anyone?
A very good point!