Actually it was a matter of time steem was taken over, since people only focused the exchange rate. Trying to control exchange can be done with euros by banks and corporations.

Also smaller cryptos can be manipulated in exchanges by the rich, if the focus is to get rich fast. Those are all scams, unless one gets crazy lucky.

Have been preaching about not making the same mistake again, the developers can start a new platform, if greed kills this one too.

It is interesting, that not many people think in resources instead of price tags. Personally enjoy a comment more, than upvotes, since it shows effort.