I wish he would continue the power down so that the Steem will be better distributed. 😑

We don't need no oligarchs in here.

What i worry about happening, (pulls out tin foil hat) is that the STEEM never reaches the open market, that it is bought up by "somebody".

And then, next week, there are several new dolphin accounts running around spouting MSmockingbirdM propaganda and down-voting any who disagree.

Given how the steem price reacts, maybe steemit & ned should power down.... more....lol

More than a year ago I pointed out that the ninja stakes are essentially golden parachutes.

This remains true.  If Goldman Sachs has taken an interest in Steem, @ned could set himself free of the burden of his responsibilities, and turn the blockchain over to the proverbial vampire squid of finance, while becoming quite wealthy in the process.

If he does not do this, if he remains in possession of his stake, will that quiet the vicious attacks ongoing against him, and Stinc?

No, it will not.

Doesn't mean it shouldn't though.

Thanks!

I hope this is sarcastic. The best thing for this platform would be for stinc to leave. Let them exit the market, it is never about getting in the top 30's, if it's invaluable, like a lot of people think, then it should prove so. There might not be demand and after the speculators leave it might be worth fractions of a cent, cheap steem, no stinc.

Posted using [Partiko Android](https://steemit.com/@partiko-android)

Hm, I just happen to be listening to a podcast on the Cuban missile crisis as I read this. What will he do, I wonder.

Posted using [Partiko Android](https://steemit.com/@partiko-android)

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Great and disturbing topic @edicted

> Tomorrow Steemit Inc's first powerdown will commence, unlocking 2.6M Steem. This is the equivalent of 5 whales and almost 1% of all coins in existence. Take a moment to let that sink in.

It does sounds like enormous amount of liquid STEEM. No way Steemit Inc would find a way to sell it all without absolutely destroying their own project.

But surely it's a wise idea to sell some of it. Not only they need to cover some expenses but also ... won't we be happy at the end of the day is STEEM will be in hands of other investors? We all seem to be not happy that steemit has such a large amount of STEEM, so perhaps selling it slowly and steadily would change that state and is right thing to do in long run?

> Cancel the power down immediately after. This is fair.

you're right buddy. @Ned should not pursue with another power down if his intentions are to calm down situation.

Yours
Piotr