Cryptocurrency projects generally have an investor base with a very short term horizon, which has been the downfall of many projects. I think it is worth remembering that Steemit is still in beta and there is a long way to go. This is an exciting project with much upside potential, however it's going to take time.

The Steemit team has done quite a lot to prevent incredible market fluctuations. I think that steem power being a long term investment is a great idea and forces people who invest their money to be active either curating or posting great content. This is a get rich slow with hard work process (for the majority of us). Usually when we don't have to work hard for something, it gets taken for granted and valued less.

Contribution, Curation and Promotion by all users will help Steemit edge closer to taking on Reddit. We need to all look to the long term aim, and as long as we keep moving towards it, the price of Steem will take care of itself.

I am making a post about the jobs of minnows transitioning into dolphins, and what I believe their responsibility to steemit should be. Long term value is based on everyone creating valuable content and helping those who are new.

And since steem dollars are worth a $worth of steem, the lower it goes the more I'd buy. It's like getting a 50% discount if steem drops to 50 cents. With the developers behind steemit and those like @steve-walschot working hard to bring innovation, we have the perfect opportunity to advance steemit and carry it to success. I'm quite excited to do this.