why steem is going to 10 cents

sanees(54)
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Today we are at 82 cents.

Market sentiment

The market sell off is gaining traction. Institutional money has left the train. Retails investors are at a huge loss and panic selling is happening.The situation will turn worse before getting better

lagging adoption

needless to say, lot of promise and not much to show over the last one year

Lack of transparency

Needless to say, the scam ICOs and the way funds have been obtained from the market didnt help anyone

1% problem

The whole premise of crypto and decentralization was the governments and corporation and the 1% rich controlled the financial market benefiting from it and the little guy was left out....
Think about steemit, still the same issues,a new set of 1% emerged and the cycle repeats...

why steem is going to 10 cents | Ecency