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RE: @NED is POWERING DOWN, the END is COMING....
Who says he is going to sell it? There are a lot of things he could do with it. Even if he did want to sell some, that would be his right.
You don’t own a company, private or not, (and publicly announced on the blockchain) and randomly sell 50% of your stake.
You don't know many CEO's then... They all sell their shares... cause.. they are gonna get more.
As a CEO you have a certain responsibility and that's why he should communicate. If a CEO announces to sell half of his stakes but does not do so, other investors will also power down as a precaution.
They don’t sell 50% of their stake at one time. C’mon man. If you are going to comment and bring that up, you should know that.
He isn't either. Do you even know how a powerdown works? You don't even know if he's selling it at all. If you are going to reply to me rudely you should at least have a clue
I’m not being rude, I’m simply saying that he should have said something, or disclosed a reason, instead of surprising the ENTIRE platform with a 50% powerdown. I know it takes 13 weeks and you can cancel it at anytime, the point is that PRESENTLY if your a market player, which I am, you have to assume the worst unless he says something.
Dunno, what he does with his money is his business. The block chain provides transparency, he doesn't owe anyone an explanation. If you get shafted by market movements that's on you not him.