Let's see and wait how will things be when this feud dies out :). And then let's see how will it be when another whales start downvoting each other! If it's going to be noticable in Steem price then the theory could be right.
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Come to think of it, it might be wise to just FOMO the feud and not count on the price of it going down. It was already way undervalued anyway. Really wanted to have 100 Steem by now.