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RE: Why steem is dropping harder than most other cryptos
Oh, I do not think we should correlate the falls in the market with the reality of Steem, because both the ups and downs are currently mere speculation, there are (almost) no investors in the exchange.
Right now Steem is rising more than the rest (more than 15%), it is usually more volatile than the other cryptos, I suppose it is, as you say, by the community.
There is a lot of speculation for sure. But I have seen multiple people I followed cash out and leave. If that is a generic trend then that will certainly cause the price to drop.