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RE: @ned & @dantheman DUMP 50,500 STEEM on Market today! WTF is going on?!

in #steemit8 years ago (edited)

It doesn't matter which account it comes from. Attack the message not the messenger. The fact is, if Steemit is not profitable then all that SP will be worthless, so I have every incentive to want the price of Steem to be as high as possible because that is where my ability to profit comes from.

Steem is not currently profitable. The user base is going up while the market cap going down which means payouts decrease. If you want payouts to increase and more people to be able to get paid then Steem has to be profitable.

I never claimed I lost hope. I do my part to bring value to Steem so it becomes profitable but right now sad to say it's just not. We have to accept reality before we can change it.