Seems like the gravy train days are over... for now. When the Steem price rocketed up to $4, I figured there was no way it would stay like that. Prices in just about any commodity trail down after they spike - that's a lesson I've learned the hard way. I guessed it would stabilise somewhere between $1 and $2... obviously I was a little off there.
The price does seem to be gaining stability though, and the market cap even more so. It might be forming a solid base to take off at a later date... We'll have to wait and see.
Account creations also seem relatively stable over the last 3 weeks, around 1000 a day.
People who love Steemit, really love Steemit... and it's basically the only business in this niche right now. I'd say things are positive for the long term, though it might look a little shaky for now.