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RE: Why I Have Decided To Stop Powering Down My Steem Power For The Long Term

in #steemit8 years ago

Nice article, but the problem is not the creation of new Steem at the moment... the problem is that the whales are powering down big time and selling the stake at any price... each day some whales get access to their powered down holdings... so this sell pressure will be there for 2 years and makes up around 90% of the supply. Not very much enticing for investors to buy in... Every day they wait it is another 10-15% cheaper... so they wait complacently...