The problem with Steem is hardly any community engagement and the banning of posts by Sun. Sun can easily play with his billions and pump the price for a while but Steem has turned into a ghost town of bots.
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I agree but I'm asking from the view of risk-reward benefit in the short term.
Let us think about Steem as just a token. Detach from community. If JS can just continue to mine steem, play with it, and the proxy comnunity goes along, steem can be still a viable token for trading.