You are viewing a single comment's thread from:
RE: @ned Denies Request For Financial Transparency
It probably isn't even possible for Steemit Inc to dump the whole lot as there wouldn't be enough buyers. Price would fall to a few cents and they would have to wait until they get enough bids.
Selling directly to someone or another company is a far more sensible option. Maybe even sell off part of the company which includes a particular amount of Steem. There are a few ways out without crashes the price further.
Posted using Partiko Android
That's what I had in mind. There is not enough liquidity on exchanges to absorb all the Steem in those accounts. Makes much more sense to sell in bulk to VCs who want to exposure to Steemit.