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RE: Quick Thought on Steemit Catfish

I think everyone knows that, but how many of those people stay? Even if they do stay, how many other posts do they write and get nothing on before they start calling the site a scam and all kinds of other nasty names. It builds up false expectations and that's a bad thing for the longevity of the platform.

The other issue comes in when someone writes a bogus post like the one being talked about here and they take the earnings, run to the nearest exchange and cash it all out. This brings the exchange rate down and causes fear among the users. "Oh no! Not only can I no longer make a decent payment on my posts, but even when I do the value is just moving down, down, down!"