I used to have several btc of redd in the early days, before the pump and dump in mid-2014. I think that Steem has done what they were hoping to do (and why I'd bought in) but far better. I'm happy for them that their hard work has paid off to some extent with this rise, but worried that they may see a large sell off like the last time.
You mean Steem sell off? Very possible, as there may be a lot of wales that will dump now that the price is up. But this will be countered by a lot of new user that now entered the platform and are very interested to buy steem to power up.