The dev team has learned from previous ventures and designed Steem to be resistant to dumping. By providing a profit incentive to 'power up' and convert Steem to Steem Power much of the volatility that is inherent in thin crypto asset markets is mitigated. Frankly I am shocked at how resilient the price is after the huge run and subsequent hack. Proof positive that Steem is working as designed. Congratulations to Dan and the rest of the dev team!