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RE: Big whales are powering down. Should we be worried? Is this a pump and dump? A scam?

in #steemit8 years ago (edited)

Say, I'm a whale and I have 1 million dollars worth of steem power. Can I give an order to power down only a portion of it, like, $100,000 worth of steem power. And get liquid $1000 worth of liquid steem, per week, and keep the rest of my SP untouched for more than 2 years?

(I posted this comment before, but somehow I cannot see it, I am posting again.)

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I think that's what they have done... powered down a small portion and it turned into millions