Thanks for commenting. I trade price only and I am not a fundamental trader. That being said, yes I read that article.
I have been in the crypto space for quite some time and so am very weary of any platform or new crypto currency. The only crypto currency I truly have faith in is Bitcoin (no offense to steemit). I have no response about that article because I dont have enough info to comment but thinking they are pushing price down to sdistribute to others as
Some alturistic deed seems a little far fetched to me. But who knows.
Well, it was outlined in the previous posts by @dantheman and all. They are also getting fiat/btc to pay for developmet and stuff like that. Thing is to see the price fluctuations it is probably a good idea to monitor the power down by @steemit, and the trades. The rally would likely happen soon after it stops powering down.
True. Monitoring the @steemit power down could be wise, it makes sense that they are powering down for development too. Thanks for pointing that out @xanoxt.