@l0k1 - 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!!
I'm inclined to think that this is just a transition period. Ya know, it's really weird, the feeling just came over me in this last 12 hours. Like there was something shifting in the world around me. I don't think it will take long, but I don't mind, I'm going to Amsterdam anyway, and I've got my entry, and i'll get 1000SP in my account when I get my wristband. Maybe by then the trouble that has come will be dealt with. By the sounds of what this article talks about, a reckoning is at hand.
Steem has been a quite singular occurance in my life. On my writing I have managed to get by about 6 weeks without doing anything but focusing on it. I'm just going to go on a trip and maybe I won't post much along the way, or when I arrive, for a while. But I don't get the feeling this is the end of it here at all, rather, that this is a necessary phase for the whole enterprise.
Don't lose heart @l0k1 - it can be solved like other cryptos - but it requires swift hands - otherwise it's death by a thousand cuts! Stay strong my fellow watcher!
Well, the hands in question are well laden with fundage. I have faith that there is competent minds at the wheel, but it might be a rough ride. You know some 6 weeks ago I was saying, I expect that a realistic bottom for the price before a reversal is about 0.25. Before you get to that there is always gonna be a shakeout. I'm not dropping my hand, I'm just having a holiday, seeing the beautiful road between me and Amsterdam, however that turns out.
Happy watching @l0k1 - safe travels ;)