You are viewing a single comment's thread from:

RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 2/15/18

in #steem6 years ago

What do you think would happen if the whales suddenly powered down and took everything out?

And a bit off topic here and on the off chance you might know the answer, but if you become a dead fish, what do you have to do to return to being a living fish?

Sort:  

If the Whales all powered down and took everything out, the Orcas and Dolphins would suddenly become a lot more powerful. The price of STEEM would head lower most likely but would not crash since only 1/13th would be dumped each week. However, that is enough to put a lot of selling pressure on the token price. It would be a rough few months. Of course, if the price got low enough, I know a number of people like myself who would go on a buying spree.

I dont know how @arcange gets the inactive list...I do not know what one does to get on there. I presume just start posting, commenting, and upvoting and earning some SBD or STEEM and one is active.

That is just a guess though.

Interesting. I never really thought how the power down process would act as a buffer to stop a sudden crash. STEEM had been well thought out.

My daughter turned into a dead fish when she wasn't active and despite being pretty active since, her steemitboard still shows her as one, months later. Maybe she'll have to reach minnow status before it changes now.