Powering Down SP and sending it off!

in #steem5 years ago

While I'm trying to revamp my brain to begin posting content again, you might be wondering what to do with your SP right now and I can't find many post about what someone would do but heres my 2 cents.

  1. Start powering down your SP now. It will take 13 weeks to get it out and you might as well start the process now if you want to. You can always power it up instantly.

If you want to keep it, by all means you may. You'll just be subjected to whatever governing actions that may occur in the future. With Tron now owning steemit.com and most of the witnesses being from Tron itself, I just dont see much value in holding the token anymore. They have their own native token and were fully capable of creating their own steem. I just find it difficult to believe that they didnt see this coming.

  1. Binance has opened up again and the coins can freely flow in and out, so get it out of steem while you can. The owners of steemit can easily put the coin into maintenance mode and lock you out from selling it on the open market.

  2. steemit.com is down right now, but the wallet is seperate from the main site. steemitwallet.com still operates, so get it out while you can!