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RE: Method to the Madness - Vulture Capitalism Comes to the Blockchain

in #steem • 6 years ago

If only it was his plan to dump those coins ASAP. There isn't near enough liquidity on the market for him to turn a profit. The price would drop too fast. Instead I fear he plans to dump millions a month over a period of years, keeping us under his thumb the whole time with no plans to invest in the network.

6 years ago in #steem by
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         6 years ago 

        Yes, I would think that you're correct as it wouldn't be possible to dump the entire stake all at once, as the price would certainly tank. Perhaps, I should have put it better with "begin dumping millions of tokens". Thanks for clearing that up!

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