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RE: Hive is coming and price of Steem is going crazy

in OCD5 years ago

Justin was in a difficult situation. His behavior will depend on his plans for Steam.
-If he acquired the blockchain as technology for his plans and is going to upgrade it in his own way, then he doesn’t need a community (I don’t know his plans, maybe he needs an advertising platform or something else) and he’s happy with the Hive department.
-If he acquired the community as a flock of sheep for shearing, then the loss of the herd makes his purchase useless. In this case, selling your tokens at a price higher than usual could be an acceptable solution for him. If you do not sell, then you need to effectively manage the remaining community (not everyone will leave immediately, the withdrawal of assets takes time, during this time you can offer something really interesting and people will stay).
He has other options for sure. But I don't see a single good (not a single good).

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Thanks for sharing your thoughts, sounds very reasonable to me. I think only time will tell what his plans actually were since his words cannot be really trusted much...

I think that he is an experienced player and nobody knows his real plans. Yes, time will show the result of actions. But time cannot tell anything about his plans, not all plans come true :)

Haha that´s true :)