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RE: Steem Price is being pushed down by 1 person! Speculation on why and where it may end up
I'm new here and may be reading this wrong, but it just looks like one phase of a multi-phase plan to me. The short-term downward pressure on token value seems likely to ease off once enough steem has been distributed by this market-supported SD stabilization mechanism. Ideally, the token price will then settle down at whatever level of support it finds, and begin to slowly climb from there. This is what I'm betting on, in any case.