What is Steemit.com?  Is a Social Network or a digital currency outlet ?
First let my say I'm a Macro Economist and I find the Steemit currency system complex & confusing.   It appears the system encourages a pyramid scheme culture.  The focus is to get as many followers as possible and a barter system to receive up votes.  Vote for me and I will vote for you.  Regardless of content.  I estimate 98% of my followers have no interest in Economics.  I spend a majority of my time giving valuable information to investors about the true economy.  I post my steemit links to sites like Marketwatch.com and zerohedge.com to help promote Steemit.com and  I tell people to google my blog the Watchman Letter.  but what value is that promotion in the Steemit Platform.  The current ranking of Steemit is in the 3,000's on Alexa.com.   I sign up for Steemit.com because I believed in the mission of a Social Network void of Corporate and Political Controls like facebook.  But Steemit will not have any legitimacy until the focus is gaining membership popularity outside the realm of Steemit.   
Lastly, here is some information from my blog I posted 9 months ago in regards to Bitcoin Manipulation.
I posted a Red Alert warning on November 28th and December 1st to Bitcoin Investors.
"The Bitcoin community believes the CFTC approval will give Bitcoin legitimate status as a currency.
Question: Why has the Banksters and CFTC have a change of heart in regards to Bitcoin?
Bitcoin is the only market that the Central Banks are unable to manipulate, but on December 10th, 2017 that will change.
Bitcoin will have the same price manipulation just like Gold & Silver prices since 1971.
The Central Banks will not tolerate any competition to their worthless Fiat Currencies."

I was shocked that the Bitcoin price correction took place within 4 days of the CBOE Bitcoin futures launch. I thought the Banksters would have waited a couple of months at least. I think the attack on Bitcoin was a two prong approach. I believe the Central Banks have been accumulating Bitcoins for the past couple of months preparing for the futures Launch. The Banks have unlimited printed fiat paper to purchase any asset class including Bitcoin. Remember the Bitcoin market is control by only 1000 people. It is a small market compared to Gold & Silver. Which makes it easy for the Banksters to manipulate.
The only positive take a way by this criminal act, is that the Central Banks are losing control of their Fiat Monetary Ponzi Scheme. Currently the Banks are trying to prop up the Bond Market, which is 3 times larger than the Equities Market. The fact that the banks are purchasing Bonds and Equities proves the Financial System is Insolvent.

God Bless you & your family,
Weston