"Liquid Steem up 14.71% WoW:
This is the main driver of Steem Prices falling in my opinion. Large Steem Power holders continue to Power Down and liquidate Steem. It has the positive effect of Distributing Steem, however is also driving Steem Prices down. It's a painful phase to be going through, but necessary for Steemit to succeed in the long run."
I wish more people understood this. Instead you get all the whining and complaining over how Steemit is failing because the price is down... and then juxtaposed to blaming the whales for Powering Down and not keeping in the platform while ignoring how this helps distribute the power of curation. Anyways... have some more trust in the founders and what they are doing people....
Peace.
Good post @krnel. I agree with you whole heartedly