It could be because the CEO has powered down/sold a massive amount of his holding - does anyone actually know why? Or that new developments are promised and all we hear is "we're working on it...it's a priority", but no clear timeframes or solid roadmap.
Yes, there is a community here, but the token/coin is still an INVESTMENT. Maybe Steem Inc needs to wake up to the fact and start communicating like it is?
Maybe? Or maybe not? Who knows... ;)
this is probably the best reason why someone would be encouraged to sell their STEEM position..