RE: Massive power-downs versus less investment. Perhaps the reason why the price of Steem could further take a hit in the coming weeks and why it's a win-win situation.

[tldr]

TLDR: Summary

New investors realized, "wow Steem is on the rise and possibly could go in further" and joined the train. Most initially cashed out to test it out and that money probably never came back in but during that time the price was still ok and there was further investment. Steem power is supposed to ensure the stability and long term health of Steem/Steemit.

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