You are viewing a single comment's thread from:

RE: Is Ned Breaking Bad?

in #steem7 years ago

I will admit that when I read Bernies post it made me a little nervous. Not because I feel I have any say in what Ned does with his stake (property), but due to the idea that maybe he knows something bad is coming and might be trying to unload before that happens.

My ignorance plays a large role in this. I know little about him, I don't know what would happen to the blockchain nor Steem if he walked away after cashing out a large portion (at some point the price would fall to ridiculous lows?). Would the chain continue? Would forks and other such things still happen? I don't know enough about crypto to understand how any of that works, or if it has ever happened before that those who create the chain just walk away after cashing out.

It's all above my understanding, beyond my control. He will do what he will do and no amount of worrying on my part will change any of that. I would question though why one would let a bird in the hand get away if that is what is taking place here.

Sort:  

Well there are many who are really unhappy with ned, shouldn't they be glad if he takes his stake and leaves. I am not saying that is what is happening.

Maybe a really low price would be great for distribution? I don't know what is happening either and I get having a moment of fear, I have them also. I don't get people who have been here two weeks, jumping on a post and demanding to know what Ned is doing and why.

What he is doing is transparent. He is powering down some of his stake and transferring it to another account that is sending it to an exchange. That is a fact. After that it is speculation.

I don't get people who have been here two weeks, jumping on a post and demanding to know what Ned is doing and why.

I am guessing they do it because they feel if they mimic the tone of the post (be an ass kisser) that they will be rewarded monetarily with votes. It is a step up in ass kissing from the "great post, I upvote, please upvote back and follow" crap many do. But you are right, guessing Ned probably doesn't give a shit what someone with a few dollars to rub together is demanding as he jet sets around the world off the money he created for himself.