RE: Basic Game Theory: Why Steemit Whales Won’t Sell Past a Certain Point by seedragons

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Viewing a response to: @calaber24p/basic-game-theory-why-steemit-whales-won-t-sell-past-a-certain-point

steemit · @seedragons · Aug 2 '16

$0.02

A game-theoretic approach provides a plausible explanation for why Whales might not want to cash out all at once right now, but I don't think it explains why in the longer term there wouldn't be more selling than buying. The fundamental issue for me here is that other than speculators, I'm not sure who else is incentivized to provide a long-term supporting bid for Steem.

👍 calaber24p, atomrigs, deepbits

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@calaber24p · Aug 2 '16

Im mostly making the claim about short term, I think my long term example is based off of the best case scenario. Its crypto so anything can change in a few days so long term guesses are purely speculative.

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@dana-edwards · Aug 2 '16

If it were me, I would power down until I have enough to live for 2 years and then stop, and do that again every 2 years.

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@dana-edwards · Aug 2 '16

If you were sitting on a million dollars in Steem then you would power down. What good is it not to power down? The way to distribute Steem Power is to power down when you have too much to handle.

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