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RE: Relax, all is not lost for altcoins...
I would love it if the scams would be destroyed because that would likely be more money for the legit projects. Steem for example has been thrown out with the bath water.
needs to happen
Hopefully steem doesn't get thrown out with them. If prices get low enough the money acquired from selling steem will not be enough to keep the lights on for steemit,inc, which we still rely on to get us to the promised land.