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RE: Redistribution is happening

in #steem6 years ago

You summed this up perfectly. Let the mega-whales and whales dump. At the end of the day, every crypto, or really every investment suffers from whale dumps. It's just the way this works. It doesn't mean anything long term for Steemit. The tech, community, and adoption are all growing and looking positive. Long term that's great for Steemit. I'm trying to grow my SP. If I ever had to sell any of my cryptos, right now, Steem is one of the last ones I'd consider selling. SP truly will be a very valuable commodity once mainstream adoption is here. The daily rewards payouts will be split so heavily, they pressure upwards on the price will be drastic. Everyone will be glad they were an early adopter stacking up SP.