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RE: And, we got a response.

in #steemit9 years ago

I will adjust the power down to keep Ned's promise. No need to spread fear, it isn't easy to power down fractions with current interface.

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Make sense. I appreciate the fast response.

Do you understand? Can you explain, how you see things?

I didn't do the math but from what Dan just said I understand that it must make things easier this way.

same as above, check steem whales you can see who powers down how much

check steem whales use http://www.steemtools.com he's dropping 70k Steem

Cheers :)

i didnt understand well

http://steemwhales.com/ and you can hover over the piggy bank o see how much is being powered down, either that or you can check his wallet, or his steemd page the link is the same as his steemit profile yours would be https://steemd.com/@surpassinggoogle but you should know that :)

i don't understand consequences related to power-downs/powerups

price fluctuations, if dan sells 1 million steem the price will go up since somebody would have found value in his shares. Therefore, making the steem more interesting to to others, not only that but since the number of steem on the market decreases the price increases :) selling has the reverse consequence, so when somebody starts powering down and selling the price should drop depending on the number of steem being sold. Something around those lines, I'm no economy major :D

i have one questions here; in general what do you think is encouraged from steemians in general to raise the price of steem; is it powering up or keeping liquid steem? what good exatctly doesnt powering up do to the price of steem? does it keep it high? why do people recommending powering up apart from curation rewards? i am asking in relation to the price of steem!

I think it factors in towards the reward pool, but the market price plays a bigger role since that boosts everything. Keeping the Power let's you say how much you have VESTED in the platform figuratively and literally. So how much trust you give it, otherwise for example if I didn't trust I would take out my ~50$ and just use that fuck the platform fuck curation it's boring, just as a example.

the sad thing is... if you will start power down, price will continue to fall.

If you have enough faith, don't fear, it's a chance.

dan why not spread the pool or power up the steemit acc :)

Seems like an easy enough update...

Also, you're a fucking dick for the flag. Douchebag.

Really? He said that ge will not upvote or post anymore, but he continues with flagging?

great flagging is not voting :D it's still flag for abuse :D flag you flag you too, let's see flag all of yous :D jk jk