RE: My thoughts about getting decentralization back on Steem

You are viewing a single comment's thread:

Consensus witnesses are facing flak too. Anyway, it is interesting to see variations in steem price in different exchanges. For instance, today I sold 1000 steems in Bittrex and used the exact amount of BTC I got from the sale to purchase 1200 steems from Binance! 200 steems profit for doing nothing!



0
0
0.000
19 comments
avatar

Omg bro you are a born trader. That's awesome 👍

0
0
0.000
avatar

Hedging

Posted using Partiko iOS

0
0
0.000
avatar

Ohh. That's a new term I've learned! Thank you.

0
0
0.000
avatar
(Edited)

The hedging you are doing also means, if @justinsunsteem can buy all the liquid STEEM from Binance, bring back the sock-puppets, vote out all the consensus people.

  • then, bring hf 22.6 or so with instant power down (3 seconds or so!)
  • dump on Bittrex
  • exit clean
0
0
0.000
avatar

Prices are going up because we lost a lot of liquid steem:

But @justinsunsteemit wins the witness war and reduces the power down to 3 days then the steem price will fall like a stone.

0
0
0.000
avatar

He must have researched more about the way of working of steem blockchain by now. I think he is unlikely to do anything that will potentially place his investment at a risk.

0
0
0.000
avatar

I don't think they will reduce to 3 days - but they will do rather an instant one : ie if they are going via the exchange route. (not sharing the full tech details to avoid giving ideas).

cc: @justinsunsteem

0
0
0.000
avatar

Bro, I'm following your trails. I have move some of my Steem to Bittrex and sold them. I will keep the BTC in the account to purchase Steem back for a good price again.

0
0
0.000
avatar

BTC is plummetting too bro! I had converted all 1200 steems into INR which is staying safe in my bank account. And today I bought USDT through P2P market in wazirx. Surprisingly, in a matter of few minutes the value went high and could make a 5% gain.

After all calculations, 1000 steem I cashed out on day before yesterday now amounts to over 1700 steems!

0
0
0.000
avatar

That's awesome bro. I followed your trails a little bit and made 28 Steem profit for the first time. My first trading experience with flip game. Looks good. I might do it frequently. 😀😉

0
0
0.000
avatar

Cheers! And who is the boy in your new DP? :)

0
0
0.000
avatar

Many people complained that I looked like a old guy in the previous DP. So just wanted to give a young look. 😉😀

0
0
0.000