Great article you share a lot of points that I agree with. Will you cash out half of your profits from this article?
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Great article you share a lot of points that I agree with. Will you cash out half of your profits from this article?
I don't think that I can, right? My understanding thus far is I can withdraw 25% immediately upon distribution of the steem dollars, but after that, isn't it a tightly controlled distribution?
STEEM POWER powers down at the rate of roughly 1% each week over 104 weeks. This is a huge differentiator over other cryptos that can undergo a massive run on the market. Even if everyone powered down at the same time only 1% per week would be eligible for sale.
Half will be in steem power and in steem dolars. Steem dollars will take a week to cash out.
No you can cash out your Steem dollars immediately, for example by transferring them to Poloniex and selling them for BTC. Of course that means cashing out to a less stable asset, so if security is what you're after you're better off keeping the Steem dollars.
is this what most whales do?
i noticed on steemwhales.com that most whales don't hold STEEM dollars and am trying to understand why.