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RE: Why is the Price of Steem falling? Does it Matter?
User retention is key @daut44, good point. Certainly something that should be considered by the Steemit founders. Some sort of a longevity reward could help with that, as long as it couldn't be abused by bot's...
:)
@hisnameisolllie
"This is significant because, it is only this Steem which is tradable, and thus it is this which sets the price of Steem."
Not exactly true, on Bittrex the Steem Backed Dollars are also tradeable.
Both STEEM and SBD can be bought / sold. STEEM is down while SBD is a steady.