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RE: STEEM Is In A DownTrend

in #steem8 years ago (edited)

What's to stop the price from falling after 04 July, when many will be able to convert their Steem Dollars to Steem in order to cash out to BTC? Even if only a small percentage of people do this, won't it flood the liquid market? And given that the big payout will have already happened, won't demand for Steem be lower than it is prior to July 04? Perhaps I am missing something...