I've spent the entire day in front of my computer screen trying to guess what is Justin going to do next.
Why Justin?
Because obviously he's the only one trying to save Steem from the wreckage.
Things went wild and people all over the Internet now know that Steem has turned out to be a centralized blockchain, where freedom of speech doesn't really matter and anyone could be silenced completely censored at any given moment.
I highly doubt that new investors / users like that idea...
He lost the community, and he is now left with few Koreans and all those who pretend to be by his side, with the hope that they'll have his support if they run a witness, or, maybe some of those fat $300+ votes land on their posts.
The true community has migrated to Hive. And I couldn't be more happy about it.
So I guess the question on the title is more of a rhetorical one.
I do know what to do with my Steem. I'll sell it till the last token. I just don't know when is the right timing.
Seeing HIVE performing like that the last couple of days made me think that it would be enough to trigger his ego and most likely he would attempt to pump Steem's price...
There was such an attempt earlier today. Steem climbed from 2050 Sats to 2350 but there was so much selling pressure that despite the 150+ BTC spent by the buyers(?) they would need 10x that amount to push the price higher and compete HIVE.
Dammit...I should have taken a screenshot to see the depth of the Steem market.
A few hours later...and the depth of the market looks completely different.
Doesn't it look like a damn mountain...vs a small hill?
Don't get me wrong here. But if there's a chance to get back some of the money I've spent to buy Steem those past 2 years, I wanna grab it.
Besides...Steem has been a disaster ROI wise...and my dollar cost average is way higher than 16 cents.
But I have a feeling that he won't give up so easily...maybe he's plan it to wait another 8 - 9 weeks until most of the power downs have been completed till he makes his next move?
So should I start selling like...immediately because in a few weeks the Steem tokens that I am holding will be worth like a sack full of shit?
Or be patient and see how things will play out?
How about you? Are you holding? Are you selling? Are you reinvesting in Hive?
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