Internal steem market in steemit is stagnant !! Why steem is being fucked so hard by the whales ? WHY steem Price is being fucked up ??
As an observer , I have noticed that the steemit internal market since three days is stagnant on the same price , it is moving up and down in a very tight range of 0.25% but most of the times, it is in the range of 0.00% difference.
Also, the trading or exchange volume is decreasing and the volume is so small that I feel shame to say the numbers here, as on daily basis , it is not exceeding 6500 Steem dollars ??!!?!
What are the reasons for this case ?
Well, the Greedy members are gathering steem and hiding it for the black days.
The small poor members who are really the actual traders here are trading or let me say it exchanging SBD to steem in a hope that they will get some fractions of the lost Dust that steemit management is removing from all small members by eating millions of this accumulated dust into their wealth growing pool as they want to stop spammers, so, if your post reward is less than 0.024 then say bye bye for your rewards.
This dust was moving in a way the market and the volume was reaching more than 10,000 steem in the black dead days... but nw ?? no duct - no market.
also another reason for dead market, the false fake propaganda that steem will make everyone rich, it appears that steemit will make the richer more richer by their upvoting powers and this can be seen in the BOTS and the poor more suffering in steemit as they lost their dust rewards and they are not able to mine more better posts unless they use the bots not the market, so they must add some steem from outside sources or they leave the site, and in other way round, they prefer to leave the site as the dream of making millions is being damaged.
I have opened few trades up and down in the market since few days to test its waters, but still the tide is in the hands of the big whales, so the market is dead.
This is going to force me to leave the market and head back to the bots for fake ROI 10% or 15% at which before few months back was more than 100%, so why the bots are killing the ROI down to 15% while they are making a profit o more than 500% from the fees we pay ??
It is the greedy man attitude that these whale are playing , they cry on their posts that they will help the seemians and they will support the steemit and steem....but the truth is different , they are FUCKING THE STEEM AND STEEMIT COMMUNITY.
When I have joined here I was fascinated by the idea of the steem for all and we need to post good content to get some cash to pay our fucking shit bills... but it is clear we are posting for the whales to become more bigger,,,
So, the whales are fucking hard the steem to keep it down for longer times to gain more free cheap steem then when the foggy blacked days will be cleared, wow the whales will get more than 700% of the real purchased value of the steem.
All of this can be seen in the market, also I have checked many coins exchanging platforms and most f them are showing steem trading is less than last week, and so on... so steem it dying unless there is a solution....
Why we connect steem to bitcoin, why we use the blockchain of bitcoin to produce steem, why the steem price is being connected to bitcoin price, when we write, we mine steem so why it is related to bitcoin, more writers nd more posts is meaning more steem will be generated but no no my friends, this is not the real world here!!
The big and strong members should begin upvoting others to move the wheel, come on why you are hiding, if the ship sinks, all we will sink with it ??
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Power corrupts, absolute power corrupts ABSOLUTELY!!