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RE: Why Steem Investors Are Getting Crushed

in #steemit8 years ago

You are funny man !

Everyone deserve the right to express freely its own opinion but ...

Just answer me on that one : why the hell Dan L. would create a system where he can not withdraw more than 1/104th of its capital weekly if its goal is to screw everyone when the price is high ???

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Dan designed steem to show a massive pump on CMC, this pump was probably coordinated by him as well. This way he could dump into the FOMO of the lemmings, as you are seeing now. There is no way he could have dumped his entire stake on the market at one time. The price chart is a classic pump and dump chart that crypto people are all to familar with.