As far as I can tell with Steem, development has not stopped at all.
This makes me seriously think whether I should stop looking for great coins at discounted price and instead put my cash into Steem. I’m still waiting for this $1.00 threshold. I might have anough cash to buy Steem to make a nice bump in my upvotes worthiness for steemiens I have been following. So far I have been on steemit for only 6 months and whatever is in my Steem wallet I made by commenting and occasionally posting. I didn’t buy anything at all, all made organically. At $1.00 it’s diferent game, it’s a great opportunity and even better investment. Let’s hope we get there and once I make a purchase it will go up from there 😆.