I see a lot of early people that are just too jaded from this insane roller coaster ride, so many powered down everything. When I joined Steem in july 2016 the price was 4$, it dropped down to 7 cents, then exploded to 8$, and now we are going down again to who knows what bottom.
It is not easy to go through that ride unscathed, but I'm still looking at everything as a huge opportunity, although right now it is depressing to be here, 2-3 years from now things might get very interesting. Until then, only the most durable will continue to hold Steem. I hope I will be one of them, but who knows.