Don't worry be happy, problem in the steem

in #esteem6 years ago (edited)

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Hello steemians, i'm @steemnuklir in the previous article I once questioned why whales do a lot of power downs?

Tonight I met with the senior steemians @surpassinggoogle , @stephenkendal , @good-karma, @purepinay, @artzone, @hr1, @damarth and much more that I can not mention one by one. From the results of this small meeting, I get a lot of new knowledge about the steemit and tokens they carry.

Apparently, There are some fundamental reasons whales do power down, including:

Investment security

Imagine how much investment the whales are in steemit, where the market is now deserted, perhaps they have calculated the worst possibility that steem/sbd will face. So to secure the value of their investment, it is transferred from an untradable token (SP) to token that is directly exchanged on the market (STEEM).

Support newcomers

Many of whales want to help small communities by distributing their fixed assets to multiple small accounts, so they can grow with those investments.

Divide the steem power

If we are a little observant, then we can see that the bid bot in steemit continues to grow. maybe the new bot bid belongs to the whales who do not want their parent account tainted.

Well, we don't be fooled by the many whales who do power down, because this is normal and absolutely nothing to do with the bankruptcy of steemit or steem price dropped.

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