Thank you for this post! Exceptionally to the point, as I was pondering the red numbers all day. And, glancing at the left corner of my screen, I notice that it's dropped another penny to $1.11.
I agree that there is currently a lot of earn and burn going on. I suspect there are quite a few people buying the stock low (smart) and selling it just as it warms up enough before it begins to decline with a built-in stop loss...a sort of swing trading.
I am new to Steemit; and love the concept. I have a renewed energy for blogging; because of the potential to invest in stock; not to mention my love for writing, reading, interacting with a purpose beyond small talk.
Again, thanks for sharing this post. Anyone in a position to do so should take the opportunity to invest. Bitcoin is a clear example of what happens when people can't envision the long-term effect.
Peace!