I think you are overreacting. Steemit is not steem. It is true that Steemit Inc has underdelivered (to put it mildly) but development of the blockchain has not stopped. They are advancing with MIRA which is an important stepping stone to scale in the future. The Steem DAO is almost ready to be included in the next hardfork.
Plus the community is building alot of stuff like Steem Engine, the Steem Business Alliance, The Steem Foundation and the numerous apps built on top of Steem.
We can't control what happens on the markets. The only thing we can do is build this ecosystem one step at a time.
I was here when Steem was at 7 cents, I have seen alot of people come and go, several clones and "competitors" appeared and went into obscurity. This blockchain has been declared dead before but yet here we are.
We really need people like you to motivate those panic seller . Steem is here to stay not to leave .the price of steem is nothing to worry, just wait for few more month and let the bitcoin cross 7k. Hopefully steem will be back on $1 .
Hard when we have bullies like you flagging people for contributing to the Steemit economy. The real world is not novels & just content you approve of, it has advertising, memes that pay 20k+, social media and much more yet you and the rest of the bullies want to push all investors and non writers away. Every transaction was helping STEEM have more daily transactions than any blockchain yet now we flag those who contribute to this economy and encourage cashing out while thinking you are helping as your comment here shows. There are plenty plagiarizing to keep you busy why continue to fight to limit this platforms potential?
@azircon why do you keep bully flagging me? Censorship be a better name for you pal...
People don't realize that the Steem/USD 50 day simple moving average (SMA) has crossed the 200 SMA which is technically a very bulish pattern. Right now Steem is suffering the same effect that almost all the other altcoins are under: speculators are favoring bitcoin over other coins. I could be wrong but I doubt that this is a permanent trend.