I've personally been valuing Steem at around 80 cents.
Have been for quite some time.
This is a support I think Steem could have held,
I have in mind that even a support at 1$ could be held. Why the hell not actually...
PS. With that very same mentality I've managed to reach 20K SP. We'll enjoy those "fruits" later on when all those who kept overselling at these ridiculous prices will crawl back seeking attention when the price goes up
Truly!
Remember when Steem was trading at $2-$4 and everyone was just frantically powering up because creating that inflation for free was a huge motivator? It happened before, it will happen again. The only catalyst that is needed is the mindset that we are out of the bear market.