RE: Article States That Justin Sun and Tron will Acquire Steemit

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RE: Article States That Justin Sun and Tron will Acquire Steemit

waphilip in #steem • 5 years ago (edited)

If Steemit inc. wanted to sell, it could mean that their backs were against the wall and they didn’t believe in the sustainability of our future.

If communities and smt’s are really supposed to bring life back into this place (I think it will), why sell you’re stake when it could easily be worth double or triple in the next year?

Edit* and the pump begins 🎅

If this is true and Steem inc is considering this, maybe put future isn’t as bright as we might think. In that case I’m all for Justin Sun gaining a stake. Worst case we sell our stake once the price pumps if we don’t like what he’s done with the place lol

5 years ago in #steem by waphilip

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whatsup 5 years ago (edited)

The future is as bright as you make it.
Development and marketing is what we need.

Also, at times companies just don't have the knowledge or resources to take a company to it's potential alone. A smart business owner knows this and also sometimes competing companies join.

The last company I worked with was acquired 5 times in 10 years, never once was it because we were failing, it was because we could be stronger.

Also, we all know that steemit inc is cash poor and their constant sell pressure has hurt the price. I call that backs to the wall.

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waphilip 5 years ago

great points whatsup! Well rumor or not, the price is up at least, so I'm hoping for the best!

Wanted to buy a huge chunk of Steem next month if the price stayed low, but I guess the universe is telling me to buy BTC and see what happens lol

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