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RE: The sound of 340M STEEM being dumped and the simple choice

in OCD • 5 years ago

The problem with people starting powerdowns is that the witness votes are based on steem power, not liquid steem. The witness could lose a lot of backing from a bunch of people powering down. I don't have all that much SP, a bit more than 3500, but I'm not going to initiate a powerdown unless it's absolutely necessary.

5 years ago in OCD by
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     5 years ago (edited)

    if we start a powerdown now the first leg won't complete for a week. A week is an eternity and we can always cancel the powerdown at any time or power the coins back up. It's foolish to not be powering down right now to increase our options.

    There is absolutely no reason everyone shouldn't be powering down.

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