RE: RE: Best Cryptocurrency to Invest in? Analyzing Steem from an Investment Point of View and Sharing The Multiple Profitable Opportunities Presented by Steem Blockchain
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RE: Best Cryptocurrency to Invest in? Analyzing Steem from an Investment Point of View and Sharing The Multiple Profitable Opportunities Presented by Steem Blockchain

RE: Best Cryptocurrency to Invest in? Analyzing Steem from an Investment Point of View and Sharing The Multiple Profitable Opportunities Presented by Steem Blockchain

Cool... thanks for the insights! I haven't been on Steemit for long, but you pretty much hit the nail on the head for the majority of the reasons I chose Steem & Steemit.

However, I wonder if you could give me your take on something:
There are some whales here earning serious money (all good... it happens in the real world too), but the manner in which they are doing it is slightly questionable (according to some/the majority). Now at the risk of starting up "THAT" conversation that's already being covered and addressed by 100s of other posts, let's assume it's perfectly fine what they are doing (it's all 100% within the rules/boundaries of Steem/Steemit anyway).

My question though is this: If just a handful of people can flood the market with SBD/STEEM cashouts, isn't that gonna push the price down? It looks to me a case of "1% controlling 99% of the wealth" (and hence the market), and if I was a serious investor (I have invested fiat into STEEM, but at a level what these guys are generating from just 2 posts), I would see that as a serious risk... not so?

i.e. in short: What is preventing 5 or 10 or even 50 people just dumping and crashing the whole system?

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