well ... authors getting thousands of dollars in rewards, of course the price goes down ... perfectly normal!
give it a couple of months and then we'll talk again ...
in fact, it might have gone down even more by then, but as long it didn't fully crash, while people are still cashing out as well ... to me that means it's working
if in 2-3 months the price is 1% of what it is now, sure that would be a problem, but that's just speculation ... maybe you're right, but it's just too soon to call
all it takes is 1 story that originates from steemit and becomes a world news item and boom; 1.000.000 million new people joining steemit ... what the price does then, that's what matters
but as long there are not even a 100.000 people on it ... of course it's gonna go up and down ... whatever, the price doesn't really matter right now.
especially because you can invest it in steem power, which means that it's locked down, but also that it's stable ... it's f'ing brilliant!
i just have one question. Did i oversleep?
Because i could have sworn that i went to bed and we were in the "early adopters" phase and now we're in the "capitulation phase"
im not sure what your point is. Your post was, in fact, one of only 3 top level comments i did not upvote. That was mainly because i hate uncritical cheerleading posts. .. that said yo useem to be an OK author and your rep is fairly low so ill do my part to help you out.