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RE: Orconomist Issue 2 - Pareto & The Whale - Surviving The Dumpening

in #orconomist9 years ago

Hi Kenny,

That's true about the fact that not all powered down SP will be sold immediately.

I think my point of this article was to point out that so far we have seen the price drop when the top 1% power down (and cash out), and stabilise when they don't.

From last week I have seen my vested interests fall less than 2.5% up till today, now it's around 12%, I'm guessing because the dumpening has started.

We'll see what will happen; I just hope it's a gradual decline, because I believe we can come back from that :-)

Cg