Yeah.... it really is unfortunate. If you look at some of the steemit whales, they bought in with over $100,000 dollars and now they have a fraction of it left. It looks to me like they took the money from the whales, passed it out to everybody for posting and now have no real plan. Advertising might have helped, or smart contract development might have helped.... or some direction. imagine a Fantasy Football on a steemit contract, or a prediction market on a steemit contract, or a steemit version of ethereum development. I have heard there is a very fast transaction time for steemit, but what we have is a social platform. I think steemit is done. In 3 months at the current rate, the majority of steemits market cap will be a fraction of what it is now. It appears to be an exponential decline in value.
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