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If the trading would reflect any real fundamentals it should explode in value instead of falling...

These are just traders who only look at charts... Lets see when they run out of dumpable Steem. ;)

I sure hope you are right! What I could never understand was that if this platform holds real value (therefore should be able to stand on it's own), then why does it always trace BTC's trading pattern. Makes little sense to me.

actually considering the size of the community this is a very low number... if they don't do something its going to die!