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RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #70, "When losers say it's over with you know that it's a lie" Oct. 10, 2016.
Unfortunately, it doesnt matter if steem is $4 or .000001. The price is irrelevant for purchasing steem dollars and steem power with steem, so it has limited utility, and it seems it could go much lower. Buy in 3 yrs before the 10 for 1 reverse split. Until then, 1-2% daily dilution should drive prices lower.