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RE: New STEEM... It's not like OLD STEEM
...as long as the main stakeholder dumping steem en mass on the exchange, don't expect positive results.
There's this and there's also the likely additional downward pressure on prices that we'll see from new "projects" dumping tokens acquired through the SPS in order to fund "development." So, it seems that HF21 might just be a wash in terms of STEEM demand and prices.
Holy shit, someone finally sees the big picture! Congrats @ats-david! DING! DING! DING!
Thanks for acknowledging that!
Sadly, none of the consensus witnesses seem to agree with this. They finally get something kind of right with the EIP (after 2+ years of utter crap), then ruin it with more of the same "old Steem" mentality.
Two steps forward, three steps back. Seems to always be the trend around here.
I actually think some of that is likely to happen. I also think the stakeholders and witnesses have earned it.
As some like to say, we've built a second layer on the top of the broken first layer.
You better power down, sell and get out while the getting is good old boy!
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