RE: Justification for 104 week Power Down by wingz

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· @wingz ·
$0.05
It's natural support. When vested steem is greater than approx 90%, then steem power holders have a negative rate of real return. When it's below they have a positive rate of real return.

This is because 90% of the printed steem gets allocated to SP holders and if this is above 90% vested then the return is lower. 

Once that level is hit I'd expect buying, just based on structure alone. Or at keast a reduction in selling.
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vote details (10)
@gikitiki ·
Thanks.  That's good info.
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