The crowd always panic easily.
Never do what the crowd is doing.
I see a lot of folks not putting out contents here and some even powering down.
Whatever it is. Because of the ideas behind Steemit, its currency will always find stability.
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Powering down is understandable especially if that person needs money, even if I haven't powered down nor I plan to do I understand then.
Steem is at an amazing price compared to where we were a fee months ago, at under $1 and it recovered nicely since I posted this. People just got spoiled with the huge prices, especially the ones that just signed up.