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RE: @ned & @dantheman DUMP 50,500 STEEM on Market today! WTF is going on?!

in #steemit8 years ago

That's a good point. You're right, it doesn't make sense to hold Steem for a long period of time and try to time the market. And I admit the timing lines up pretty well. I'm just surprised they wouldn't break it up into a series of smaller transactions spaced out a bit. I don't see the point in dumping all at once and moving the market like this, unless they needed the cash right away to cover some unexpected expense.