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RE: BELIEVE IN STEEMIT!
NO, unfortunately it is not. ;) Don't worry though, I have done the same with many cryptos but it doesn't really matter if you plan on hodling anyhow, you just may have to hodl a bit longer LoL, but it will go back up way higher! Besides, with steemit you are always making a return anyhow so its a great place to be, even at $1.17! ;)