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RE: With all the great attention Steemit is getting, why is the price going down?
a lot of content writers have been burned by pay for content sites , so withdrawing at the earliest possible opportunity has been the general rule of thumb for most of us for a long time. Saying that having seen a lot of sites fail i do think steemit has addressed a lot of issues that all those sites had in common so hopefully this will change as confidence grows.