RE: Are we over valued or under-valued on Steemit? A Steemit blogger is currently valued at $25,878

[mexbit]

1. Investors are scared out of investing (because of the glut of powerdowns that are still coming).
2. The user numbers are not growing as one thought might be possible... I thought that this could get viral with 10.000 signups a day... but in the end it is shrinking again to below a thousand a day, even with the help of celebrities of all types.