True, when in it for the long run the price of steem does not really matter that much. The amount of steem you earn can probably be even higher when the price is low. Contest prizes used to be a lot higher also back when the price was below 1$. With the price being down it's a great time to gain a lot more steem.
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Indeed it is. And the lower the price of steem is, the lower the gap with steem backed dollars is.
Meaning that we can buy more steem with our well earned Steem backed dollars!
Cheers,
Peter