@enginewitty's proposal for a solution to sps and ninja mined stake

in #steem5 years ago

I think @enginewitty is making a lot of sense in his post this morning and I think you should check it out.

It seems to be a well thought out solution to our current standoff with Justin Sun.

https://steempeak.com/sps/@enginewitty/proposal-solution-to-sps-and-ninja-mined-stake

Or go straight to the proposal

https://steempeak.com/me/proposals

His is #77

I'd be interested to hear if you think there is something missing from his proposal.

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Thanks for sharing! I will check it too!

That's great @irisworld! It's worth a read for sure.

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Always up for discussion, the only argument I could see is he's getting the SBD right back and could just power it up on another account. But, considering all he wants to do (at least what he has been saying in all the meetings I've attended) is make money, it would seem he would just sell it and get his money out of it.

If he start selling, the price will drop and he will not make the money he wants.

Well, not necessarily, because we'll have to buy it back somewhere each week ;) As long as there are no other major dumps during the process, the price will remain pretty much where it is at the end of each week.

It would be split over the 13 week powerdown if I'm not mistaken. Not sure if that would be enough to drop the price by selling. Probably though.

It would be nice to know exactly what he wants so we could negotiate but there is no trust at this point.

I agree he could just power it back up but he must want to just get out of this shitstorm he created.
He seems like a vindictive asshole but and I could see him doing more to fuck with us but at the same time he must be distracted by this drama.

I'm just glad to see this proposal because I don't think Twitter wars with this douchebag are very productive. 👍

LMAO @ twitter wars. Ya, that sure helped and is helping a lot.

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