Friends, today I don't have anything to say. I'm just writing to hear from you.
It's been several days now that I heard this rumour of Block.one considering buying Steemit from Justin Sun. I don't know what rumour-mills start such rumours. I'm trying hard to remember where I first heard of it. Today, I searched a lot online but couldn't find anything about it.
All I see is that 22 days back Steemit a/c initiated power down for all its about 28M STEEM. Half of which has been moved to Binance. Within next 6 days this power down will get over. But I don't see any word on it, for what lies next! Steem a/c @hkdev404 started powering down even before @steemit and has moved all its 4M STEEM to Binance by last week.
STEEM's trade volume did increase on Binance during previous days but surprisingly, we didn't see any huge dump that everyone was expecting due to unloading of this large stake.
It doesn't seem likely that this rumour was spread to pump STEEM prices; as it wasn't widely circulated. In fact, people kept guessing about the probable reasons for the power down and some even tried to justify the need for funds to take Steem to next level. But nothing sounded any convincing to me.
Personally, I had nothing to do with whatever comes of it. But curiosity creates a sort of unrest, at times. Initially I thought, it will get revealed in few days. But even after a month, I don't know anything about it.
May be, I missed some official or unofficial updates on it. So I thought to ask all my friends here. I believe some of you must be knowing some details about it and won't mind to share it with me. Please educate me on this of whatever you know or your thoughts on it.