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RE: Why the extreme rise in STEEM will potentially backfire.
I think Steem mooning at a steady pace would be good. If people get the perspective that the growth is still there, that's positive. If it goes up too quickly, most won't believe this will be possible in the long run.
True, but we can´t expect Steem to double its current price anytime soon (again and again) - so the exponential speed screams for a correction. On the other hand, through all these complex calculations it also doesn´t get easier - especially for newbies.
Hitting the upvote button suddenly became science! ;)))