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"I also think some of the whales should step in and protect those who have been taken advantage of"

Huh? What exactly do you think the whales can do beyond what it is already happening?

He's lost what little traction he had as a witness.
He's being flagged but his rep is really high so even some whales can't effect that.
He's in the process of being doxxed. It may be a public doxxing or it might just be used privately for a lawsuit.

What else can the whales do?

True, im just frustrated....You are right though......400 steem to me is so much money.....i invested all my money in steem and noe i lost 30% of it......I know people are doing their best to improve the situation

@positivechange10 - since you mentioned about witnesses and I am one, I am responding here. I am very new here, just 2 months and setup a witness in the first 15 days or so. Its a very very easy process if one has the right technical skills (not too complicated, say 2 years of skills max). Around the time I started watching all the scams and other things which is happening and personally I have been silent. In general the STEEM block chain is getting used like a ponzi scam + MLM and some are taking revenue from the Steem Power which is not otherwise easy to convert. As witnesses, I think the first thing everyone should do is to announce who they are in real life and there are many who has done that and the first thing I am going to do is make a post and announce a protocol to announce true identities. Only that will help to contact each other in the case of issues and calamities. My so called VP - SP etc are very small and I am helpless apart from trying to come up with some thoughts. Personally I am not converting real world money into STEEM or any crypto currency but I have some mining going on and that I am trying to convert. Also, I expected bad things to happen over the blackfriday - cybermonday time period so withdrew whatever little SBD I had to an exchange (where again my identify is verified 100%). I know this doen't help much, but I felt morally obliged to comment and I will get back with whatever I can do in my power.

Thank you sir. I will be following you, and I appreciate your time and energy to be honest and forward. Blessings @bobinson

I may be silent, but Me and @contentjunkie watch this situation closely, and speak about it live on http://SteemSpeak.com - Feel Free to participate. If you like what we do, vote for @fyrst-witness to get higher up on the witness-list.

Just voted TODAY

Steemit is decentralized but upbots are not. I will never use upvote bots expect @pocket-x trust the owner. Until upvote bot are decentralized no one should use them

I still dont get upbots or other things that go on here, i just have learning it all.....i am very disappointed with this...i trusted @bellyrubbank bc of the community visibility and what people were saying, now it looks like i just lost 30% of my total investment in steem.....

I lost 25 sbd not alot but it made me once again think is buying altcoins a good idea?

Well all the scams that happen are onlu going to,slow the progress of certain alts....bc guess what instead of me talking about how great steem is now, instead i will be talking about losing a whole bunch of money and on my facebook page with and my crypto trading talks steem loses not @zeartul its bad press for steem