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RE: STEEM : Has The Bleeding Stopped?

in #steem5 years ago

That has been a big factor in my recent thinking. For a while there I thought Ned and Steemit were executing a full blown exit that would have not just suppressed the price for a long time (due to stake dumping) but also left the platform without a flagship development team.

I think that's one of the main reasons why I am happy to see the recent Steemit announcements and developments. If they're here to stay and now have a sustainable business then the stake selling might cease, or at least slow. That would take the lid off the market price of STEEM....