Losing password and not being able to recover it is disgusting.
I joined in july last year and after two months, I lost my password. Although I had saved password in my Google Chrome browser but somehow I couldn't recover it.
I then thought of making a new account but somehow I found a screenshot of my steemit password. It was the happiest day of 2017 for me 😂
But I guess there should a way to recover lost password.

I believe the sign up process is better now as my cousin created an account couple of days ago and got confirmation within 24 hours.