Best guess is steemit had some major issues with its website for honestly 2-3 weeks where you could hardly do anything. It has gotten much better and in 2018 steemit is honestly going to have competition. Steem is one of the hardest currencies to predict however it should return to the $2 mark some time next year if everything continues to go well such as growth of site and uptime reliability.
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I agree with your opinion. I believe that in the future it will move further upwards. We hope Steemit will bring something better in us. And we'll get something better than Steemit.