Let me ask, what would hurt more steem reputation?
A - Having a 1$ pegged blogger reward currency which has no roof?
B - Demonstrating that steem is not really decentralised and that some big players can manipulate price on their own by stealing the reward-pool?
If I had known about answear B before, maybe I wouldn't have put my money into steem.
It seems some whales are intentionally hurting our Reputation. I just don't understand how they are missing the big picture.
i would say leave the market to regulate and correct itself, atleast it shows no one owns the market and it also give the minnows to earn more thus encouraging them to invest more on the steemit network,