Ned took the piss bro at the price of steems expense.
I support steemit. Not neds back pocket. No excuse for what he did if he truly cared for the continued rise in the price of steem. Shocking behavior from the dev himself.
@ned dumped a ton of steem just after the announcements. To cash in on the rise but also it held the price back. As a result of said major dump the price dropped from people panic selling. On average it rose regardless but because of those 3 major dumps that happened the price in my opinion has been held back easily 20-25% less than it would have been. People who bought steem cheap and seen the price drop due to a huge sell order panic sold. All of the loyal people hold on. Ned has no excuse to dump when he did as any one with huge faith in steemit would have held. Why dump if it will be worth a ton more in a few days? (because he doesn't think it will be) i have been quiet recently due to trading on polo and i watched steemit real time. I watched the 3 seperate dumps happen around 40 mins apart. Everytime it rose to 0.0003 they dumped. then waited for the prise to rise again. So basically @ned you take the piss mate. You should have held for the good of steemit and you would have even made more money. Although these ass holes dumping major amounts of steem is in NO way good for the steemit economy. I will not be a silent fan boy when the devs are pulling this shit. Ned won't even response to these questions because he knows we are all fucking right.
I'm not sure of all the details of that.. But I can't get angry with Steemit Inc getting funding for more development.
I am sorry but steemit would have got more funding if that steem was sold on steemit itself. Instead of dumping on polo and affecting the price? i can no longer be blinded by my support of him. I am sorry but after i seen the questionable withdrawals i thought "whats he doing, curious" then without mere hours of the transfer around 35% the total amount sent was dumped? pfft. no chance man :/ i was watching the market myself real time. I am disappointed above all else :/