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RE: Urgent Community Petition: Steemit Inc. to Stop 34 Mil SP Powerdown!

in #witness5 years ago

They can only dump it once, and they dont seem the type to surrender control.
Time for the steem sleuths to sharpen their conspiring antennas.
100 new whales shouldnt be too hard to spot, nor 10k newly funded accounts voting the same witnesses.

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They would if they intended to move on. That would be hard after their renewed commitment to the platform, kinda. However the fork cohort have handed Ned the perfect PR cover for flip-flopping - they had decided to fork me out, so I had no choice to sell.

And here we all are, drumming up the source citations for the upcoming Coindesk article to go along with Ned's interview in 6 months about his new crypto venture.

Yep, threats are rarely better than direct action.
One more memory decrease and a fork will happen, imo.
Until then the infrastructure is too expensive.

This isn't all. They can redistribute it to anonymous accounts and then upvote in perpetuity whomever. This presents a risk don't you think? It's a lot of Steem unlocked at once which produces a lot of uncertainty.

Ned has not explained what crisis exists to cause a dramatic turn of events other than 70% of Steemit being laid off recently.

It shouldnt be too hard to find the 34 new 1m sp whales, nor the 340 new 100k sp dolphins, though the 3400 newly powered up minnows that all vote the same witnesses might blend in a little more, imo.
If they use the stake, it shouldnt be that hard to find them.

The problem is you can only speculate they are Steemit accounts and won't have proof.

It may be strongly enough correlated but yes that's true. I predict they sell though, and not on an exchange but by selling their keys.

Good point, some other geezer might have 10M Steem sitting on exchanges.

Yes, a fork would be a pr nightmare, but it is weighed against continued abuse by the abusers.
Do we let the ship continue to flounder, or do we start overboarding the abusers?