If I should join the discussion here, Steem is like any other cryptocurrency project, if there is no demand (buyers) its dead, we can get all the formula right but our actions on the platform matters as sentiment would determine the volume coming to the platform...
If people haven't notice we have lost trading volumes from Upbit, certainly witnesses boast about dumping on the market and power down from steem accounts flooding the markets and upvoting those comments ridiculously, well we managed to successful flag the traders out of the platform, I was really disappointed to see how many witnesses supported the action of one whale who himself is dumping and earning much more.... You have to follow the reddit threads and twitter traders and see how traders view this platform, we must change sentiment, every rally is greeted with dumps, Steem cannot maintain value and some folks does not understand the system isn't robust enough to deal with the abuse...What sense if any it makes with flooding the market with Steem and SBD, traders take note of these things, people talk about it among their trading group... If we don't change sentiment and contain a few actors SMT wouldn't be enough
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