Just think, newbies are coming online to EARN Steem, not BUY it, so the price continues to fall. It's basic economics here: supply is outstripping demand.
Let's hope the Steem demand picks up before the price craters - there I've said it now! The marketing people at Steemit have many hard marketing miles ahead.
I am a full-hearted supporter of Steem before you start going berserk in the comments section, but we must speak our mind to save our crypto!
@stellabelle - I really wish we'd both been in on this initial project earlier - as senior posters we'd have stayed closer to the minnow heartbeat!