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RE: MOON TIME! Steem Hard Fork 16
So if I point out that the amount of steem on the market is going to increase dramatically after the fork, and that this increase can only act as a drag on the market price, i guess im just a huge party pooper
EDIT -- i should correct myself -- the amount of steem on the market is going to increase dramatically 1 week after the fork, when the first larger, post-fork powerdowns start hitting peoples wallets. The week inbetween, the rate of increase should actually slow from what it currently is, due to decreased rewards for blogging and curation.
By all means, poop away.
It's just a fun image. But if I can be completely, totally, absolutely serious, Steem is going to go up 4000% tonight!
Now that is honesty! Although I'd say it's more likely to go up by 4001%.