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RE: Steemit is powering down 34,005,101 SP, what do you think?
Voted for I have some other opinion about their steps which I want to share with you.
Just as @marki99 wrote in this comment:
"They could have a million reason to power down, I don't get why you see only two reasons. Maybe they want to sell as they think the market will crash even more, but then buy later. This isn't a lack of confidence in steem, it's only realism about the current market.
I was a holder of 20 000 steem, sold at 60 cents. I can now buy a lot of steem and almost become a whale, bu if you look at my account I have 500. Does that mean I don't believe in steem? Of course not. I can't wait to buy steem and look at my huge stake. But I have to be patient because I am an investor and my primary goal is to make money."
Yeah, that might be a good reason. =) Thank you for quoting.^^