There is no way that Steemit could lose 80% of its value in 30 days. Steemit was released in April 2016, public payouts the 4th July 2016. Since then people have just made up any figure that entered their heads.

Simply some fool suggested Amazon is probably a TRILLION dollar company or some other ridiculous valuation based on no realistic facts. There was nothing known about Steemit in history, it is a blogging social media platform that pay real rewards in cryptocurrency onto the blockchain.

Simply put some people invented an artificial totally unproven figure and then found out they had not the first clue about anything and that figure continues to be revised downward as history and experience start to provide real figures.

To reword this whoever made u those figures is a sharlitan or conman since any person with self respect or a professional reputation would simply have refused to speculate about something they could never have known about.

Thus there is no way Steemit lost any money and nor is Steemit losing money today. Steemit is moving to its correct position in the marketplace according to the economic law of supply and demand. In fact the developers would actually have a legal case that these valuations deliberately overvalued the price of steem and that caused actual economic losses as steemit had to endure its movement toward it real economic valuation.

Regardless of that what has any of that got to do with any one person on Steemit ? You were welcomed and you chose to act like a clown by being nasty toward others and were removed from our circus.

One day steemit might fail or it might succeed since the future is unknown but why would it be good to have someone like you around to observe the failure or success of Steemit. You chose your actions and you were duly rewarded as you deserved....