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RE: 📌 Video: Should we be concerned when whales power down?

in #steemit8 years ago

The next logical question is what happens if everyone follows the lead of the whales and starts to power down? The funny thing about this is that a lot of people have theories and questions now, but in a year or 2 the experiment will be much older and we will know a lot more. By this time in 2018 we probably will have most if not all of the Steemit/Steem answers. Time flies.

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There's not much incentive to power down until you have built up a sizable steem power reserve. A weekly 1% cut of a hundred bucks isn't all that enticing to most... but yeah, we'll know more as time goes. It's still super early.

If everyone powers down I'm going on a steem buying rampage lmao. Lots of wicked Info in the video as well as the comments here, thanks everyone.

haha, yeah, I would too. It's pretty low right now, actually. Looks to me like a great time to buy in.

That's just it I bought in at .22 CDN so right now I wish I bought more at that price, however instead of buying more I actually invested in a miner and I've had that thing runnin for a while instead. Definitely woulda made more buying in early but I wanted to get into the mining side as well and what could be a better time to do that then at the beginning. So I am 100% happy with everything so far.