I'm not sure what 'doesn't scan' means... but if you are not sure if it doesn't make sense, that surely means that you accept on some level that it might. If people sell Steem, there is always a buyer, yes? If the price drops, that makes Steem more accessible for others and hopefully, if the distribution is broader and into stronger hands, this is a perhaps a positive thing. It is possible, assuming people believe in the utility of Steem and its products, that once the market rebalances, Steem could be in a much stronger position and the price may reflect that in the end. It may be more resilient to competition, though EOS is certainly not direct competition. EOS may have helped Steem to become more robust in a shorter time than it would otherwise. Price isn't everything, it depends on how far you are prepared to look.
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"but if you are not sure if it doesn't make sense, that surely means that you accept on some level that it might. "
This does not follow logically even a little.
Price (and markets) are not everything but they are a LOT and they reduce complex things into simpler numbers for the purpose of allocating resources.
Dear oh dear. You haven't addressed my point at all. But look, forget it. Let's move on.
great points man, I'm hoping for a bit bigger dip so I can buy more :)