I'm not trying to play a rigged game on a tilted table here. My bitcoins could double in value before the end of the year. If this guy really is sucking that much liquid steem out of the market, this thing could collapse to pennies when he finally decides to cash out.
You are viewing a single comment's thread from:
well 30,000 steem is a fair amount, but keep in mind that the system is designed to lock up the vast majority in SP, so without this added liquidity the market price could go much higher due to supply/demand imbalance. but if this isnt fixed and he hoards it all for one massive dump, he could flood the market with 1% of total inventory. Bad, but not anything that hasnt happend to all cryptos, including BTC