RE: BLURT drop to 0.002 puts it only 20% off January low

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BLURT drop to 0.002 puts it only 20% off January low

in blurt •  2 years ago 

The price on there is half what it was a week or two ago when I sold my last remaining HIVE. And at the time, that was a really good price!
A big whale apparently said he's pulling back from BLURT, and instead of being a regular buyer, he's selling off his tokens. I assume other investors are following suit. I don't see the point now as it seems the damage has been done. 10 years of content-creation amounts to 800k BLURT, which is barely 2000 USD right now. Despite all that I'm still holding and powering up.

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  ·  2 years ago  ·  

Yes, this has created an air pocket. BLURT is in free fall, which means we either win big or lose huge. I sold my first load of BLURT Last year when it hit $0.04 to pay off debt, and bought back in here. I'm still buying and I think this is an opportunity to build real wealth. If we can weather the storm, we win.

Which whale

  ·  2 years ago  ·  

I think MK was talking about it here.

I feel like that debate never reaches any conclusion

  ·  2 years ago  ·  

I didn't really read it. What debate never reaches any conclusion?

The fake stake one seems to just be ongoing

  ·  2 years ago  ·  

Yeah true. But it seems different people have a different understanding of what makes stake (invested money) fake. Do you know exactly what money they're referring to as fake there?

Another debate I've seen go on and on is about deleting BP in dormant accounts. To me that's the same as stealing, or destruction of personal property.

I don’t really understand it to be honest so just keep out of it. Yeah I don’t think account should be deleted rlt because at any point someone might hear about blurt and find they have tokens here and it might inspire them to use it. I imagine half of all blurt must be tied up in steemit accounts ppl havnt noticed are here yet it would probably crash blurt if they removed them

  ·  2 years ago  ·  

The way I see it, someone owns those tokens. They are somebody's money. If Megadrive and friends want to delete tokens, they should delete their own, not somebody else's.

I think the basic idea is that mega drive owns a bunch of stake in blurt as the founder and is holding it and not selling it to make sure the platform doesn’t crash till it’s big enough but mk doesn’t like the fact that he has all that stake as an owner I think. It’s something along those lines