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RE: OMG Steem Price is Falling WTF?!?! - Why Steem is Probably Okay and How You Can Help It
Yes, that's been a real concern. But if the trend of the last week or so continues, then we should be okay. But yes, it's clear there will have to be some adjustments. I just wanted to counter act all of the negative "Steem is falling" articles and make it clear that we are not in as bad a position as normally portrayed.
I think the only reason for the bounce last week was that @ned and @dantheman were able to instill some short term confidence by saying they were going to tweak things that may counteract the supply/demand imbalance. If they don't follow through with that in the very near future, like this week, I would expect the acceleration to the downside to start right back up again shortly...