and coinmarketcap.com has yet to figure out that the STEEM marketcap is only $8 million instead of $80 million due to the 10:1 reverse split that amost everyone forgets about!
I'm a STEEM hodler and I guess I don't really understand what this means either...? How does the reverse split work? Are you just talking about how vesting STEEM grows (while simultaneously being diluted due to the always-faster-increasing "virtual_supply"?)
I've never really understood this valuation aspect of STEEM...
