That's a logical way to think about if those new users lived in developed countries. The question is how many of them come from developing countries where even $3 USD is a lot of money and a few Steems they can make here is a significant contribution to their budget. My gut feeling is that a good deal of them fall into that category. I don't have any evidence though. But the Steem price makes me think like that.
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There is nothing wrong if they change that Steem into USD. They are producing some sell pressure that is understandable,but I think investors and believers in the platform will overpass them by far as they will hodl that Steem as power.
Ok, I see what you mean, but I'm not as optimistic as the second half of your comment.