STEEM is not just about TA, you should analyze behaviour of whales who are powering down, for example...
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STEEM is not just about TA, you should analyze behaviour of whales who are powering down, for example...
Don't be so afraid about power down from Whales. Me by example I'm always in power down but I will use it only in case of good opportunities. As you have to wait each time 1 week to have 1/12 of you SP, I already missed in the past some good days to sell. But each time my power down is done, if this is not a good price, I power up.
All right, but I guess there are whales who are powering down and taking money away...your approach is good and I've read about it earlier :-) Is there any problem about powering down? I mean something like your voting power cut in half or something like that...?
For sure it is impacting the voting power. The number of steem power down is not taking anymore in account for your upvote.
Let's have an example. I have SP 130 and I'm powering down 65SP so every week I will receive 5 STEEM and my new voting power in first week equals to 65SP or 125SP? I guess only 65SP...
Next to that, the volume done by traders is much more important than the volume done by whales. So I'm really not convinced that whales have a big impact on the price.
@mmaarrttiinn11
https://steemit.com/steemit/@bycoleman/steem-price-under-massive-pressure-as-more-whales-power-down
Exactly, thanks