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RE: Bitcoin Massive Price Drop, Profit Taking, BTFD, And Why There Will Never Be Another "MtGox Event"

in #bitcoin7 years ago

Question: if a whale powers down at a high steem or btc level (and it subsequently dives in price), does that lock in their payouts at that level relative to steem value the day they powered down? I think I might just be confounding my own thoughts lol

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I really don't know.

If anyone has an answer to this I'd like to know too.