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RE: JS Index update for 09/01. [2nd update] +WOW Steem(it) Founders pushing the price down!
Hi James,
thank you for the update.
According to http://www.steemdown.com/ nearly the half of top 200 accounts are in power down.
If panic sell, panic sell first.
BR,
twinner
... and in one year they will still have half their SP :-)
Cg
Power down is not the same as send to the exchanges. I think powering down all the time is the logical thing to do for everyone -whale or not. On each weekly pay out one can decide if he wants to cash out or power up with not much loss.
This is a good distinction to make, the first week I was here I did not understand the difference.