I bought Steem at $0.32 USD a few days ago, but I sold today at $4 USD. If you want to experience something like that, get in on Synero now. A lot of people call me a troll on this thread, and I don't mean to boast, but Waves has basically followed the path I've predicted for the most part, and even when I mentioned Synero earlier in this thread, since then it went up close to 17%, but it's back down to around 10% increase on the day. Steem isn't truly decentralized, but it's a BitShare clone that's been marketed very well. Synero is a similar concept but much more solid tech, and it's actually been in development slightly longer. I don't know if they will do the incentivized user activity, but they will definitely get pumped like Steem. Synero will have news coming out in mid-late August and September. There's a pump group that I know that is going to get them some major visibility. That's how I knew to get into Steem last week - pump group connections. It's possible I'm saying too much here, but really just want to help, because I feel bad for people who lost on this Waves shit.
But yeah don't buy Steem now, it's way over bought. It will be back at sub $2 soon. And I'm not saying that to FUD, just technical analysis based on the charts and order book. It's got an uphill battle. Major FOMO is what took it high, but with the larger volume, it won't be as easy to shoot up again like that so quickly again, unless they have some major news, which I doubt. The pump is over. The next pump is Synero. Get in early, get out early. That's the strategy.
And this pump by steem is making those having bitshares hope that steem will bring them further visibility and probably an increase in price too. With regards to Waves, there's not much I can do right now but just to hold it in.