Steem is quickly developing a bad reputation, I think we may not see any rise in either Steem or SBD, even with SMT, I spoken to a few big traders and they view the project as a BTC farm for early investors and large stakeholders, as far as they are concern, Steem and SBD only got life once Upbit open its door and most traders in Upbit are turn off as both Steem and SBD cannot sustain any BTC value. The burn experiment proves their point and any spike in price leads to abuse by many folks and you can't blame them. Liquidity is drying up and volume is diminishing.... The bidbots are a small part of the bigger problem, as its viewed as ponzi scheme where those coming in now would be burnt the most... The biggest bears are the largest holder of Steem on the platform, now with Bid-bots, the practice is catching eyes, its hard to defend Steem on reddit or other social platform, most of these abuses are quite plain and even reaching out to some of these folks doing these experiment and how it looks from the outside, they don't really listen so its pointless...I am a cheerleader for this project but at times when I see whats taking place I wonder, upvoted for visibility
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