Go to steemworld and check and tell me if I am wrong here!!!
NO MORE DRAINAGE?
Remember that just @steemit was powering down almost 400,000 SP a week, since months already!
Remember that this amount was, in a huge proportion, one of the main reasons the liquid STEEM at the exchanges was permanently growing, at a rate not lower than 500,000 SP a week (see @penguinpablo weekly post to check it out)
Remember that due to this constant growth of Liquid STEEM accumulated at the exchanges, it was impossible to keep a sustained price, even when the whole market is rising because the OFFER of STEEM was somehow INFINITE...
Probably we should record this date (TODAY) as the day on which STEEM touched the BOTTOM.
@penguinpablo weekly post to check it out)
@toofasteddie