It could go down more though.
I wouldn't like to encourage speculation in STEEM just faith in the platform and more great articles. I am not investing much in STEEM just investing my time in writing and curating, and the long term value of the platform. I hope this price drop doesn't discourage valuable people from the platform. Let the sharks leave but lets keep the Cream.
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even if steem will go down 100 times, I will still earn here more than on facebook or reddit :)
Definately. There is also a great community of interesting people here.