Please don't interpret the title as if I'm losing in any way shape or form my long term attitude here, I'm just a little baffled to see this. After all, I can draw up some plausible explanations for what I'm seeing, but I can't help to think this is just someone gambling.

So what? More for me

Sure, the more it drops, the more I will accumulate, that's my attitude but still, How are people converging into selling 800K tokens in 15 minutes? That's precisely what I can't seem to digest at this very second.

I remember @scaredycatguide calling these lows, or cautioning for them a while back and I thought he had eaten some expired lunchables. The idea that STEEM would ever reach this valuation sounded insane to my ears, yet here we are, and mind you not a whole lot of time passed since I would have laughed at the thought of 31 cent STEEM.

Speculators with blindfolds

This is precisely where I raise the flag, because I happen to know that most people who are speculating on the exchanges, reading the charts, trying to guess what the market is going to do, take action knowing little to nothing about the tokens they hold.

The average speculator probably knows there is something called steemit and that some people use it, but it's nowhere near as "cool" as reddit or twitter. They don't know our community, and they certainly have no clue of what's being built here.

Think about this for a minute or two, who in the right mind would bet against the most active crypto community out there? Yes, blocktivity might say other cryptocurrencies have more transactions, at least a this very moment. But, how many of those transactions are strengthening the community that participates of that blockchain, and there my friends lies the point I'm trying to make.

Just a little longer

I've been telling this to myself almost as a mantra for months now, and honestly the light at the end of the tunnel is finally visible, so to speak. I mean, the idea of capitulation, of the shaking off all of those who are too afraid to continue has never been so real, so raw.

The extremely transited twittersphere that was once plagued with crypto-memers of different calibers is beginning to display it's tumbleweeds, and some of the influencers are beginning to probe their followers, just to see if they are still out there.

I guess, I'll join in too.... Who's still here?