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RE: STEEM loses 40% vs BTC in last 30 days, sinks to 31st on coinmarketcap as STEEM value also sinks vs Alt Coins.

in #steemit7 years ago

Too often, people are afraid to tell it how it is. You are not one of those people. These are hard truths, but ones that needed spoken.

About a month after I joined Steemit, I saw the price of steem break $2, and was excited and hopeful for the future. The last few months have not been kind to our little crypto, though. I still believe it's got a lot to do with HF19, but the flag wars and entitlement don't help things.

I've written a post speaking about my dismay at the current state of things, and was of course accused of spreading FUD and just making things worse, but these things need to be talked about. If someone else comes along with an innovative way to manage this crazy "paid social media" idea, it's going to be hard for Steemit to survive.

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The steemit religion spoken of by @ned cannot tolerate views that are too extremely heretical

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