This is not an isolated incident, the real problem with steem is the power holder decide too much. Since post displayed in trending is based on payout, they basically can setup their own propaganda. steem is going to fail until powerful holder are forced to redistribute their power. Think about newcomers, what incentivize them to pay so much to get so little power. the value of steem will have to go down to its real value
RE: Don't panic sell, You'll Regret It! - Short Message Regarding #Steem Price! 5 Min Read