So why were the links to the latest STABLE version (0.18.2) removed from the OP? I've noticed that happening a lot on this site in general - someone will scrounge some files from who knows where (validity/safety questionable) - up them - and then all links to prior previous versions are removed. Why not preserve the old version links and put them in a spoiler tag instead? That way, anyone that wants an old version (for whatever reason) can still get it.
In this case, the v0.19 version is both censored and unstable (inferior). This isn't even taking into account the fact that using SmartSteamEmu while logged into a legitimate Steam account has the potential for blacklisting said account should Valve choose to do so. Nobody mentions this, and quite a few people might want to be appraised of that fact before they choose to run it.
TLDR - someone post the 0.18.2 links in OP again, please.