"This moving to the exchanges panics the market"
No thats a wrong assumption and actually Steem just jumped over 30% up the last two days.
Steemit.inc can't just dump over 2 Million of Steem into an almost no high volume order book. They have to adjust there sales to the market conditions.
And that attitude that we have to be aware of what the market thinks is totally wrong. We don't have to satisfy the "market" and if you wish to do so you make yourself a slave to the anonymous markets.
Danke.
Panik und Angst helfen hier nicht weiter alle Beteiligten sollten sich wieder auf die Sache besinnen und miteinander reden und Loesungen finden.
How do you know the jump isn't manipulated? The timing is quite interesting. It's also not just that they can dump but they can also produce a hidden influence over Steem using Steem Power as well.
And I do think we serve others via markets. What do you view as being the ultimate decider if not the market?
I'm not saying that this market jump is anyhow related to the current events here on Steem, and yes most crypto prices on exchanges are manipulated thru wash trading.
If they want to use there Steempower for any other accounts they are free to do so. They choose to be a company and if they think they better of this way, than they have to take the responsebility for this action.
Anyway @ned is at a point where he has to turn Steemit.inc around into a community serving development platform. Otherwise others will be happy to take the opportunity.
Of course it's being manipulated. Crypto markets are constantly being manipulated. Just look at the extent of the jumps and the timings. Steem has such a small market cap, it wouldn't take much to bring it to $1+. Then again, it wouldn't take much to bring back to 7c.
I say enjoy the ride. Unless of course you actually need your crpto to pay bills and stuff. In that case, you might be buggered.
All I know is I'm powering down. I have no choice when I have to assume at any moment the price of Steem could go to 1 cent. It might not be logical to crash Steem but the more unlocked Steem there is the less secure we can be in price prediction.
"This moving to the exchanges panics the market"
No thats a wrong assumption and actually Steem just jumped over 30% up the last two days.
Steemit.inc can't just dump over 2 Million of Steem into an almost no high volume order book. They have to adjust there sales to the market conditions.
And that attitude that we have to be aware of what the market thinks is totally wrong. We don't have to satisfy the "market" and if you wish to do so you make yourself a slave to the anonymous markets.
their sales
Da verbreitet wieder mal jemand Panik. Aber ich fürchte mich nicht.
Danke.
Panik und Angst helfen hier nicht weiter alle Beteiligten sollten sich wieder auf die Sache besinnen und miteinander reden und Loesungen finden.
How do you know the jump isn't manipulated? The timing is quite interesting. It's also not just that they can dump but they can also produce a hidden influence over Steem using Steem Power as well.
And I do think we serve others via markets. What do you view as being the ultimate decider if not the market?
I'm not saying that this market jump is anyhow related to the current events here on Steem, and yes most crypto prices on exchanges are manipulated thru wash trading.
If they want to use there Steempower for any other accounts they are free to do so. They choose to be a company and if they think they better of this way, than they have to take the responsebility for this action.
Anyway @ned is at a point where he has to turn Steemit.inc around into a community serving development platform. Otherwise others will be happy to take the opportunity.
Posted using Partiko Android
Of course it's being manipulated. Crypto markets are constantly being manipulated. Just look at the extent of the jumps and the timings. Steem has such a small market cap, it wouldn't take much to bring it to $1+. Then again, it wouldn't take much to bring back to 7c.
I say enjoy the ride. Unless of course you actually need your crpto to pay bills and stuff. In that case, you might be buggered.
All I know is I'm powering down. I have no choice when I have to assume at any moment the price of Steem could go to 1 cent. It might not be logical to crash Steem but the more unlocked Steem there is the less secure we can be in price prediction.
Maybe people got wind of the fork talk and want to double their tokens :).