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RE: Bitcoin is above it's 200 MA, that means an 80% win rate and 200% returns are on the horizon
There have been several hard forks where unexpected results happened. I think "incompetent" is a very fitting description of them.
Despite the subpar development team, some people still trust in future of Steem as it's value hasn't crashed down to levels normally seen from shitcoins... Personally I don't know if waiting few more months or years is enough to show the real potential of the development team.
If their past is any indicator, it will be years.