Anyone Know What is Behind the Massive Pump and Dump on Steemit?

in steemit •  3 years ago 

So I was just poking around the markets and I remember hearing something about the price of steem going up a week or two ago, but never even checked. So today I brought up the chart expecting to see a significantly higher steem price. The moment I glanced at the chart and I almost started to laugh with a big WTF rattling around inside my head. Just have a look at this chart compliments of trading view.

That is one hell of a pump and dump if I've ever seen one, and it totally wreaks of something shady going on. But, well, ya know, I guess this should now all come to be expected from the "sister" platforms as they struggle to attract new investment and users.

It's starting to remind me of the final scene from terminator two, when Arnold busts out the shotgun and the other terminator falls into the molten steel, and it keeps turning and twisting and struggling to survive doing all sorts of weirdness, morphing into different characters before it finally dies.

Maybe this is what we can expect but in slow motion over the next few years. We'll just have to wait and see. Meanwhile Blurt is looking healthy with steady growth and momentum behind it. Go BLURT!

Photo Credit: Terminator Two

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Your post was upvoted and resteemed on @crypto.defrag

I all heard is steemit was listed on an exchange during that week. I think Binance.

Good to know. Thank you for your support all these years, especially while the the POS on hive came to destroy me, even here on steemit. I wish things were different, but I can now only encourage you and others to join and invest in Blurt, and at 3 cents currently, there is A LOT of upside potential. Something you may want to consider.