The State of Steem

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STEEM

it's been better

.
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STEEM DOLLARS

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Isn't doing so good either
.
neither is
.
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BITCOIN

In fact the entire cryptosphere is too

DOWN

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WHY?

At first a Hack was blamed
Cryptocurrencies tumble after S. Korea hack
but it appears that that was just the trigger
it was the Final Straw that Broke the Camel's back
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there was something else

I recalled that a few months ago I read a post
(there were many more much like it)
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The MASSIVE Tether Ticking Time BOMB
It would appear that bomb has gone off.

Other's seem to agree

More than half of last year's crypto rally was fake?!

Tether Manipulation Pushed Up Bitcoin's Price

Bitcoin’s 2017 Surge Was the Result of Manipulation

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HOWEVER

Don't despair
(despair is a sin)
there is (at least) one bright ray of sunshine
STEEMIT IS HIRING

that last bit is GOOD NEWS. It tells me that the biggest whale in the pond is willing to put his money where his mouth is.
Ned, the CEO of Steemit is hiring DEVS (programmers). There are a whole bunchaton of world class Developers on the Steem BlockChain and their not taking this sitting down.

Blockchain Update 2: HF20 Progress & Bandwidth Changes

What needs to happen to reach $10 STEEM in 2018? (Discussion)

and finally
I leave you with another ray of sunshine.

Anti-FUD: Why Your Cryptocurrency Hodling Is Going To Explode!!!

The State of Steem | Ecency