RE: Steemit powering down 30M Steem, and still hasn't figured out how to secure their keys
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People have been saying they expect Steem will tank in price, yet it hasn't happened. People are surprised by how they were able to dump lots of Steem and not effect the price. Thats because they were selling the bottom of a well supported asset. Im not a Justin fanboy by any means but i do suspect Steem will surprise everyone, and i highly doubt this power down will be dumped, but we shall see.
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We shall see indeed but you can only have so many bag holders before it falls apart.