Pure greed in the true short term sense. It got the better of me, a simple fact. I bought at 0.60 and jumped out the market at $4. It wasn't a great deal, 1100 in total but represented a nice profit for a few days as a part time trader.
Then curiosity killed the cat. What have I just done! Time for a coffee and actually read the white paper https://steem.io/#whitepaper
I engaged with those those close to the dev team and everything just made more sense. More than sense. It's close to perfect even in this frontier initial stage. Hack, meh. Steemit team handled it as good as you can. i was convinced.
So, to cut a long story short, i bought back my STEEM and caught it in the drop, managed to fill my boots and make a little extra. I've left the bulk on the markets but decided to POWER DOWN 500-ish for now.
If the ETH hardfork doesn't go the way I want it (and I can't buy ETH at sub $4USD) then I'll invest more and make STEEMIT my home for the next couple of years.
All in all, I believe this platform is going to be something special. It took me a while but I'm in for the long haul.
My advice to anyone wanting to know more about the platform: READ THE WHITEPAPER before you do anything else!!!
More updates as I go.