Don't worry about the price of steem. Steemit is a great project & many investors are coming to invest on this platform.
There is only 1 problem right now which is the new account creation process which is taking too long.
Many people wants to join this platform but they are waiting for even months for their account. They are not getting confirmation email from steemit. If they (steemit) can manage to find the solution for new accounts & this platform will get success in Months & Many Investors will come and invest in this platform. And then you will see the price of steem will rise again. And I am not seeing steem at below $2.
Upvoted by the way! But that Upvote not gonna help you because of my low steem power :)