Another thing. I have been expecting a scenario similar to this the whole time I've been on Steem because of how low the market cap is. Wasn't hard to realize that any interested billionaire could take over relatively easy by acquiring a huge stake, esp. if acquired under-the-table from the premined portion thus bypassing pump/dump market mechanics.
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Yes. The only real way to do it though was through stinc. Sure, a billionaire could have hmjust bought it all, but what is the point?
Only sun knows