I don't believe the price of Steem is going to drop after the fork. The idea that the whales are going to totally cash out is an assumption that just doesn't make sense.
If you are a whale with, say, 1 million Steem, does it make sense to cash out at .12 or .13 per Steem, or to keep it in Steem and potentially become a millionaire within the next 6 months or so?
The whales would be idiots to cash out now, and I for one do not believe the whales are idiots.
The new fork brings in something those of us in the Internet Marketing community call "scarcity" - less Steem available means higher demand for Steem.
Scarcity ALWAYS leads to more purchases (in this case, investments).
Sooooo....
To sync my money to my belief, I invested $700 of Bitcoin I had saved up in my wallet into Steem Power about 5 hours ago.
5 minutes (maybe 4) after my second and final deposit cleared, the price of Bitcoin dropped $10. YAOW!
An hour later Bitcoin dropped ANOTHER $10. Double YAOW!
And at the time I'm writing this, Bitcoin has dropped ANOTHER $9. Triple double whammy YAOW!
Good timing? You betcha!
