The thing about pegs...they never end well. History attests to this fact.

Honestly, STEEM will trend toward $0 due to ridiculous levels of inflation having been designed into the system, period. Demand will also wane as STEEM continues to melt down, which will cause even more people to run for the exits.

99% of the people on here have very little to no clue about basic economics/finance, and these are the people taking the bait, hook line and sinker as whales continue to dump...