Advantages on a 4 week Power Down for Steem.

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Promoting a 4 week Power Down for #Steem

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Advantages on a 4 week Power Down for #Steem

I was recently asked for my opinion on the 4 week Power Down for #Steem and I thought I would share with you what I think.

The obvious one is that it will allow those wanting to Power Down their #Steem in a shorter period of time.

As a long term Investor in #Steem for me it doesn't really matter whether it is 4 weeks or 13 weeks, but someone looking to invest in #Steem short term to take advantage of #Steem with a longer 13 week Power Down may have been put off slightly in the past.

However, now having a shorter 4 week Power Down will certainly attract more Inward Investment to #Steem for those looking for a short term access to the #Steem Protocol and all it's features for their Projects.

As more people wake up to what #Steem really is and use #Steem as a Global Voting and Rewards Distribution System, a 4 week Power Down period suddenly makes #Steem a very attractive investment proposition.

Without having to "lock in" their Investment for 13 weeks, Investors can now access the full power of the #Steem Protocol and only have to wait 4 weeks to unlock.

This is a massive selling point and is something that I am really looking forward to start promoting over the next few months.

Thanks again for reading.

Stephen

#Promo-Steem - Promoting a 4 week Power Down for #Steem

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Majority of people use the power down option due to high profit or meeting any emergency situation where they need money. In both cases it gives clear advantage. I hope it will help to bring more investment on this platform.

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I couldn't agree more, sure there will always be some people who will need a shorter Power Down to meet emergency needs, but that's not what I am talking about.

I am talking about Projects, Businesses and Investors staking a short term investment to reward those that help develop their Projects and / or Products.

We would only need x100 each purchasing 1 million #Steem to direct rewards to those that bring value to their Projects.

100 million #Steem is circa 30% of the total supply and my gut feeling is it would be very difficult for them to be obtained on the Open Market.

Certainly not at ~$0.20.!!

I think the penny will soon drop that #Steem is 1% a Blogging Tool and 99% an Investment Tool.

Stephen

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1% a Blogging Tool and 99% an Investment Tool.

I wish so. 99% investment will be great for steem to achieve top position in coin market. Let's hope for the best @stephenkendal

Agree, I hope this will be a new beginning of coming some investors

Going to 4 weeks does not affect me as i am not powering down, but hey 4 weeks like you say could be good for investors!

Remember when we had a power down period of 104 weeks!

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4 weeks like you say could be good for investors

I think so.

Let's see what the next few months bring.

Stephen