Agree with you sir. The reason why powerful whales are powering down is to buy it back at cheap price with bulk purchase to attract market attention. We all knows, that is the way they use, but i really don't understand why some of our investor have to follow the whales and also dump our price to them. On March 27, 2017 Steem Dollars price spike to 0.007 BTC compared to all time low at 0.0007 recorded on March 3, 2017 at Poloniex, shows that big investors interest on Steem Dollars maybe because they know that total circulating supply of Steem Dollar are very limited i.e. 1,045,705 SBD only ( Same with XBC with total circulating supply at 90000 XBC). Market should know that someone are willing to buy at high price due to the Steem Dollars limited supply. That's why i don't understand why some of our investors simply dump their price. I believe this big investors will never dump their price easily and i also believe they will protect their investment. I think with strong market support Steem Dollar price will increase soon.
Agree with you sir. The reason why powerful whales are powering down is to buy it back at cheap price with bulk purchase to attract market attention. We all knows, that is the way they use, but i really don't understand why some of our investor have to follow the whales and also dump our price to them. On March 27, 2017 Steem Dollars price spike to 0.007 BTC compared to all time low at 0.0007 recorded on March 3, 2017 at Poloniex, shows that big investors interest on Steem Dollars maybe because they know that total circulating supply of Steem Dollar are very limited i.e. 1,045,705 SBD only ( Same with XBC with total circulating supply at 90000 XBC). Market should know that someone are willing to buy at high price due to the Steem Dollars limited supply. That's why i don't understand why some of our investors simply dump their price. I believe this big investors will never dump their price easily and i also believe they will protect their investment. I think with strong market support Steem Dollar price will increase soon.
really ?
Yes.