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RE: What Goes Up, Must Come Down! (Similarities to 1998?)
"people don't want to read downers " I feel like this is especially true for steemit, almost all posts I see in the "hot" category related to crypto-currencies and/or steemit are definitely biased and unjustifiably optimistic for the future of steemit (and other cryptos). Not much objective analysis going on there
But you can't fault them completely because the positive posts in some way actually do help the community too, keeping the enthusiasm alive, attracting new users etc. So this "positive" analysis may work like a self-fulfilling prophecy ;)
That is a great way to look at it! Nice point :)