RE: RE: Power Cooldown
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RE: Power Cooldown

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5y

13 weeks saved our asses from losing everything almost instantly when all that shit went down last year and we ended up here. There were plenty of emotionally charged powerdowns weeks before Hive even became a thing. A shorter period would have tanked the value of our old tokens before the people holding on with the wait and see attitude even got a chance to scrape a few pennies off the floor and bring them here. That action of moving funds from Steem to Hive helped keep Hive's value up and if there was a shortened period, it would have taken less than a month for HIVE to get rekt. HIVE dumpers off the start would have triggered more to dump, a chain reaction that would have led to us not being here.

After seeing 13 weeks in action, I see it as an insurance policy that protects my investment from even the tiniest rumor to the largest smear campaign.

Why not simply keep a week's worth of powerdown in savings rather than power it up?

There are plenty of other tokens out there that cater to speculators. If that approach is so goddamn appealing and good for crypto, why do so many tokens fail?

@nonameslefttouse: 13 weeks saved | Ecency