Tx 896595b97cbc705e8c1e500ca8df06013aa715e0@4476709

Included in block 4,476,709 at 2016-08-28 14:09:30 (UTC)


Raw transaction

ref_block_num19,770
ref_block_prefix2,021,270,187
expiration2016-08-28 14:09:39
operations
0.
0.comment
1.
parent_authorcharlieshrem
parent_permlinkshould-i-power-down-early-morning-steem-thoughts-by-charlie-shrem
authorliondani
permlinkre-charlieshrem-should-i-power-down-early-morning-steem-thoughts-by-charlie-shrem-20160828t140927500z
title""
body"> Many early adopters are powering down, whales, and some of the founders. Does this mean they don’t believe in Steem?
# I repost one previous answer of me that fits very well here...
**Many whales have too much of their wealth concentrated on steem** !!! So even if **they are bullish** they are **not comfortable to have for example 90% of their wealth on a single project**... It is for them like a **"one point of failure"** ... I assume many of them want only to put some of their eggs on other baskets just in case the project fails...It is just a proper **bankroll management**, poker players out there can understand me ;)
PS BTW steemit whales could be good poker players ...
> Even with Aces on our hands (steemit?) the probability to loose against another's pocket pair is 20% !!! So it would be still a gamble to bet all your wealth on one hand...
https://img1.steemit.com/0x0/https://i.imgsafe.org/cefc7c7d52.jpg
https://steemit.com/steem/@charlieshrem/was-the-launch-of-steem-a-scam-or-the-only-legal-way-thoughts-on-steem-by-charlie-shrem-a-week-later#@liondani/re-mexbit-re-charlieshrem-re-tracemayer-re-charlieshrem-was-the-launch-of-steem-a-scam-or-the-only-legal-way-thoughts-on-steem-by-charlie-shrem-a-week-later-20160824t005908455z"
json_metadata{"tags":["steem"],"image":["https://img1.steemit.com/0x0/https://i.imgsafe.org/cefc7c7d52.jpg"]}
extensions[]
signatures
0.1f4a4a489e08d0a11df7ee7ba37c46185d9a47fab89e60eca52f0d5739fe8e2105057debc71a70b6c9a0e627bc1843bb17de8b0120e9d9eb150808d1429d3a4d68
transaction_id896595b97cbc705e8c1e500ca8df06013aa715e0
block_num4,476,709
transaction_num2