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Hello dear @culgin, thanks for sharing this piece.
I think your analysis and exposure in this article are very reasonable, personally I am feeling all this in steemit, I think there is a stabilization, even a new boom with the arrival of the tribes and all this just explained.
I remain optimistic begging because everything is as you propose and that the price will recover. I am in Venezuela and right now I am instructing some people to start on steemit, I hope that steemit can be an economic alternative for them as it is with me.
Thanks friend, great article.
@fucho80
RE: What caused STEEM to get dumped? Why I think the worst might be over