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RE: The Price of Steem - Where Do We Go From Here? Reflections by Charlie Shrem
Whales who have been powering down continuously for months have a lot more steem power than when they started cashing out, the system provides people with unlimited ressource to suppress the price of steem.
Yes, they have alot more SP than before but also they have less percentage of the "total pie". With each power down their "pie share" keeps decreasing.
Selling 1% of your Bitcoins per week or Selling 1% of your STEEM per week is the same thing. STEEM is just a little bit more "complicated".
Vests are worthless if there is unlimited ressources to suppress the price of steem.
There are only two "unlimited" things and the "resources to suppress the price of STEEM" is not one of them.
[Edit]
If you are holding STEEM long term, you are doing it wrong! SP is the way to hold long term.
Not going to waste my time with you again as you clearly showed your lack of repartee and also lack of basic understanding of steem in this thread https://bitcointalk.org/index.php?topic=1618105.0
The only one obviously wasting his time once more here is me...
Can't say I didn't try though...