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RE: @NED is POWERING DOWN, the END is COMING....

in #money6 years ago

Just because he's initiated a 1.8 million power down with his SP, does not necessarily mean he's planning on powering it all down. Power down's are made in 13 payments, weekly. The bigger the amount you are powering down, the bigger the weekly payments you get, and at any given time you can cancel power down.So he may only be planning on powering down 1-3 weeks, and then canceling.

I don't really think it's appropriate to call him a dumb ass. I doubt he came to hold a current stake like this being a dumb ass, and the retaliation you could encumber by using such harsh words is quite a gamble, but that is your prerogative. I could personally care less, I just think thats a bit harsh. And who know's he may actually give you the explanation you are looking for, because you did show up on his steemworld mentions from this post.

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You may be right it may be harsh, probably shouldn’t have said it, I’m sorry @ned ...however. This is the epitomy, on the cover, of Zuck selling 50% of his FB ownership...and that is unarguable and I want an explanation since i follow all markets.

Fair enough. I have heard quite a few people that seem to be quite upset about the mysterious power down talking about it in discord. I think it would be a kind gesture to the community to at least make a brief post explaining his intentions, because he very well could just be planning on taking a few payments out, and cancelling power down, but none of us know for sure...So I understand snuffles. I was checking out some of your posts on markets. Nice work!

PS. I'm with you on steemmonsters. I hope your analysis turns out to be the correct one!

It's not the first time he has powered down. How the hell is he supposed to pay his bills?