Smooth seems to have found a way to game the system
Look at his balance https://steemit.com/@smooth/transfers
He already owns $ 5 Millions at today's market price. Insane.
Look at his balance https://steemit.com/@smooth/transfers
He already owns $ 5 Millions at today's market price. Insane.
He acquired nearly 1% back during the "sneaky mine" phase. You can understand why he wasn't willing to attack this coin the way he normally attacks pump and dump scams. That $millions bought his "I am not omniscient about the potential future not being a disaster" attitude.
Btw, smooth is cashing out roughly $50,000 per week. (assuming your $5m valuation of his SP is correct)
Is that a meritocracy
You can see why he would have an incentive to not speak about how it will be a disaster for those who invest in SP now (requires a 2 year lock up cashed out over 104 weeks), while he is cashing out every week. Chaching. Fools please buy Steemit and give your money to smooth.
My thoughts exactly, people buying steem are magicians they are turning fake monies into real monies, not to their advantage tho!