@mickvir, yeah, it is mainly because of the Bitcoin downtrend. One day it will end. But, it is still not clear when.
Btw, I am just curious about your friends. Did they buy their STEEM/Steem Power or gathered it in form of rewards for content creation
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They bought in at about $6 and I think they over committed themselves. This is why I always say to people don’t invest what your not willing to lose . But I have been looking into it steem price is mostly due to the bitcoin crash . It will come around eventually I believe. At the moment just being patient and trying to engage with people. Have an awesome day!
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;( LOL