P.S. @biophil - I know how you feel. But for those in the know in cryptos, you can have the BEST community in the world, but a ninja mined / pre-mined crypto will always fail unless the founders disseminate their early gains to the community quickly. Other crypto-coin have done it - but not Steemit. This may be the rock they perish on. Dutch courage must be taken to reverse the price slides of today. URGENTLY!!
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P.P.S. @biophil - a small STEEM token donation has been made to your account for any confusion caused :)
Haha, thanks. No offense taken.
Did you notice $10 million has fallen out of STEEM's market cap in 24 hours?! OUCH!!!
(From $62M to $52M!!!)
Not pretty. But everybody should have known all along that Steem is in a classic Auroracoin situation. The market cap (deliberately?) misrepresents the amount of liquid Steem.
Auroracoin currently resides at $0.11 just for interests sake.