When I see people freaking out about Steemit I always wonder how everything else they are involved with is doing.
Right now all the other cryptos we have investments in have dropped a similar amount to Steem, our business has just had the worst month in five years, and our local economy is doing badly, so Steemit is about par for the couse really. One year ago we were making so much money it was astonishing. My point being, no point freaking out, things change, and this is all beyond our control anyway.
@honeydue just wrote similar =)
People freak out at their losses, real or imagined.