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RE: Why I am not worried about BTC and ultimately Steem
A lot of Steem's price has nothing to do with what happens on Steemit.com or even the Steem blockchain.
Correction: none of it has anything to do with steemit.com. At least not the content. The dumpers, sure.
Not like it had to be that way, though. A better Steemit might have encouraged some STEEM purchases and holding.
But this project is dead.