one crazy cat bought 100 btc worth of steem like some big baller in the run up. I imagine that was Justin sun. I doubt CZ will do anything to publicly take sides with Justin because he is smart, he knows not to go against the crowd. They are friends and friends have influence but CZ will not do anything that tarnishes his reputation.
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Those 110 BTC==> 2.2 mill steem
People talk about tens of millions of steem...that's simply not the case. In order to affect governance again he needs more than 3000 BTC worth of steem and we know were a purchase like that would send price, right?
yeah true, i doubt Justin will be interested in trying to influence Hive, he must be feeling quite lost right now. If i was him though it would just embolden me to make Steemit a great success. It depends how much work he wants to put in. I don't believe he has it in him, he just seems to think that throwing money at things and acquiring as much stuff as possible will come through in the end. I don't believe he knows what he is doing in that sense but regardless it may or may not pay off for him. Time will tell.
Yep, and that was just one buy. Looking back at the volume on those 3 days there was easily tens of millions worth of buys going on. Whether that was held or not is another question entirely but there was a ton of trading going on and it is entirely possible that Sun accumulated a rather large pile of steem, and therefore a rather large pile of HIVE.