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RE: Act now and FORK OUT Steemit Inc - unless they agree on a sustainable solution

in #steem • 4 years ago

I think that he would not be able to dump - there would not be enough demand for the whole stake, the price would go to almost zero in such a scenario. Therefore, he would most likely spread it over a longer period - which would keep the price depresses for longer. I might be wrong of course.

4 years ago in #steem by
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     4 years ago  

    Yes, of course the price would go to almost zero. But these are just numbers.

    Would you buy a million STEEM for $100? I would. I have played the lottery before, and I think the odds of that million STEEM once being worth hundreds of thousands of dollars would be too non-trivial to ignore.

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       4 years ago  

      you are right - the price would never go to zero. I would also buy a 10 million Steem for 1000 USD - so now we know that it would never drop below 100/1.000.000 USD ;-)

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