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It's low because it wanted me to buy. And I did!

As bitcoin price continues to grow, more people pull out of altcoins to get in on some of the action. As people sell their Steemit for bitcoin, the price of Steemit falls.

That's funny. That's so stupid, because they'll probably going to end up buying high and selling low anyway

Don't worry though, I'm sure there will be at least one more bitcoin crash before the hard fork in mid november. So steem price will likely go up a bit then go down heaps then go back up again after mid november.

Ok, that's awesome! I'm very much into STEEM for the long-run, but I also want to trade in the mean time