Darn right it is .. makes you wonder why is he powering down when the price is so low. If he cashes out the price likely tanks. I am happy I didn't swap any of my other currencies for steem yet. If that Steem gets sold I think we are in for a steeper drop then most realize.
I even think a person like Ned shouldn't be allowed to do something like that. He can make Steem tank completely. Even if he only powers down and doesn't sell. That's already bad enough.
Darn right it is .. makes you wonder why is he powering down when the price is so low. If he cashes out the price likely tanks. I am happy I didn't swap any of my other currencies for steem yet. If that Steem gets sold I think we are in for a steeper drop then most realize.
I even think a person like Ned shouldn't be allowed to do something like that. He can make Steem tank completely. Even if he only powers down and doesn't sell. That's already bad enough.