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RE: My Stance on the Proposed Powerdown Period Change of 4 Weeks

The 4 week powerdown does nothing for me. It might as well be 13 weeks if we are talking adding liquidity to the market. When the price pumps, people will want to sell. You would be surprised at how much you'd be willing to burn to get your coins instantly when Steem is pumping 100% a day, 5% becomes nothing in those instances, but yet, helps with liquditiy and reduces circlating supply. I wrote a post about this awhile back.

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@theycallmedan I am confused by your reasoning here. I don't understand why we should be concerned with price pumping or any such scenarios. It seems to me that the main thing for us to focus on is increasing Steem's user base (all dapps combined). Price pumps and similar seem to me a complete distraction from that. How are you seeing it?