RE: Thoughts on Reducing the Power Down Period to 4 Weeks from 13 Weeks Currently
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- Speculators will advance the price
- you can think of ways to protect people.
Then a steem from an old man who is barely moving will turn into a young sportsman) We need to run, we need mass adaptation. this is just my opinion, but I'm sure of it
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Speculators... speculate. What they do, they provide liquidity, or rather daily transactions volume. But they are just as active on a pump as they are on a dump. They are needed, welcomed I'd say, but we can't rely on them to push the price up. The price will be pushed up by investors and businesses on Steem.
Speculators and investors are Yin and Yang, it is like white and black, it is like light and darkness - they need each other. The truth is somewhere in the middle !!!
I agree with that, 100%.