RE: RE: STEEM's Biggest Villian
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RE: STEEM's Biggest Villian

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7y

I see Steem as the foremost product to consider. A stakeholder secures the value of Steem in the marketplace. This is because, when stakeholders dump to market, it causes downward pressure on the prices. However magnificent or minuscule the selling, it causes the market to respond in kind. So when someone like Marky says a massive downvote on a whale is like a mini upvote for everyone else, what I think he does not consider is when he drives this money away from the platform the market will respond in kind by downgrading the value of steem. There are not that many altruistic capitalists in this world, let alone ones you can sell on blockchain social media. So when profiteers are part of a select few who prop up the main product, can beggars be choosers. Or should we respect their stake and appreciate what they do for the value of the token?