Well I'm glad you stuck around so long, you were one of the first people with a decent stake that noticed me, so you did a lot to help me build up my own stake over the seven months I've been posting. ^_^
And I think long term the Steem Blockchain is likely to turn out fine, despite that consistently low value we had for a while there, down to .28 I believe?
I've met quite a few people so far doing this on Steem as well, it's an interesting lot that seems to have assembled here.
I'm glad I was able to show you a little glimpse into the potential of Steem at a very early stage. It's practically vital for introducing new users into the platform but often enough curation suffers and new users are easily ignored.
Highs and lows are all part of markets, crypto or outside of crypto. We definitely hit things very, very low, and it's been no doubt a bit scary for many people that invested something. But it should really be seen as a lesson into investing: only invest what you can afford to lose, or only invest what you don't mind not seeing again for a few years.
The crypto space showed people fast and easy profits and I think the opposite is something many newcomers didn't even consider given limited investing experience prior. Big stocks suffer the same issues Steemit Inc faces with Steem, for sure. For example: I invested in one British company and investors weren't keen on the management's decisions and the price had plummeted quite a considerable percentage over the year. In the investor meetings/calls there were questions raised about what shareholders wanted to see changed first and once management began to listen and adapt, the road to recovery began.
Steem is no different, but we are unfortunately stuck to the volatility of Bitcoin as well as our own market. The crypto world is like a mixture of Forex and Stocks in that way.
In short: I agree. Haha. We have a road to go down in order to properly recover and address important issues, and we are finally going down that road. When you hit lows as rough as Steem has, the only direction to move in slowly points upward. If it doesn't, nobody is learning to fix things and we deserve the fate that comes with the lower lows.