What I find hard to understand is the sharp increase in price while this is happening. Maybe this was all priced in :) Got to hope Bittrex doesn't get hacked, when Steemit Inc have moved so much there. They can't be selling, as the price would be down, so I presume they're moving it to accounts that wont be easy to track?
Don't know how anyone can have much confidence in Ned, it seems clear that the community needs to be in a position where he can't have too much of an influence. He talks about building communities but doesn't seem to want to be part of this one. I hope its just his quirky personality, and nothing worse, but there's only so much reasonable people will take and I think its gone past that point now.
Yeah the price gain is a mystery to me also. Often though bad news is good to get people curious. Just surprised it seems to be holding for now.