Everyone is all smiles about the recent price hike and is now greedily expecting Steem to go over $3, while diversifying their portfolio with a bit of Bitcoin, ZCash and Etherium. It's the cryptoparadise, baby! And certainly there were people who were discouraged and flung brown handfuls at the Steemit developers, claiming that printing money out of nothing will devalue the currency. Indeed, Steem did devalue, while Bitcoin's price kept going up. But everyone seems to have forgotten that. Now, everyone is holding hands, singing songs of Steemit's success as a social media, and praising the developers for being right about this whole experiment, which involved millions of man hours, invested by people from around the world. Steemit must be going in the right direction, right? No. Steemit is going in the same direction it did several months ago - be it right or wrong. Nothing has changed, as far as our social media is concerned. There's still no logical financi...
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Thank you for sharing this information.
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