It’s not a big secret that Steemit is the competitor of this platform in a way. It was the first soecial or blogging platform with payouts from votes on content and such.

But whats lately going on there with accounts of the company, which holds really huge amounts is looking strange.

The account of ceo Ned:

Transfer 1.000 STEEM to ned Moving / hiding all my cryptocurrency.
1543650.408 STEEM to bittrex 0b422698a383407a88b

Yes, he powred down over 1,5 million STEEM and sent it to exchange.

Today we have more ie official Steemit account with huge power-downs and sends to Bittrex:

 

Again over million coins moved.

Now you think this is the end? Not really. They used to delegate to some projects that support Steem ecosystem so they can get paid or get users to try their services. It was pulled off today without notice too.

Worth to note they have over 34 Million SP that could kill markets and there is no single official announcement. Coins are just leaving accounts and going to exchanges.

It’s interesting to see what’s going on there also loads of sports people came to SCR and with events, i am almost sure they are happy for doing so.

EDIT: Just in the middle of this post i found out this is because witnesses not happy of what Steemit Inc is doing decided to fork them off chain https://github.com/steemdev/steem/pull/1 and it looks like inc wants to protect their millions this way.

jnordberg commented 2 days ago
This hardfork if adopted by witnesses will set all Steemit Inc. controlled accounts authorities to the null key.

jnordberg commented 2 days ago
Accounts also need to be set into a “neutral” state.
This includes
Removing active delegations
Removing any witness votes and proxy
Removing any withdraw routes
Disabling account recovery

Lets see what happens now with STEEM and its price.

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Responses

  1. James Diegel

    hmm… interesting. I don’t use Steem very much at all these days, and always think I should use it more – but having found my preference in Trybe means usually when I have time, I’m here in stead. That said, when I have more time I would like to get back over there again – so this information is for sure an appreciated update on something that I have paid little attention to as of recent. Thanks KingsCrown 😉

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  2. Yandot

    So what do you think about this? This is seems like a good news for steemian but if we see on the community more people is not care on steem , however your article is very great informations!

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  3. Conceptskip

    Hmm… this absolutely doesn’t look good. Can this be anything else than a final exit of Steemit? What i miss with Trybe you cannot throw out some low key news, or quickly asking for an opinion etc. and i dont want to return to reddit for that.

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  4. Julia Williams

    Dear friend very valid concern you raised I was unaware of this , I want to say thank you for your valuable love and support towards my post, yesterday I achieved a milestone here in Trybe platform, and you can say I achieved the second rank from the beginning and I am now “Trybe Sentinel” so dear friend it’s can’t be possible without your valuable love and support, so Thank you for your love and support.

    **Five Stars for your beautiful efforts.**

    With love and respect.

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