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RE: Steem Price is Down. Should You Be Worried?
"This is a sign of a fundamental problem."
No, it's the sign of a trend.
I think you make good points. 2, 5, and 6 are the worst offenders, if you ask me.
Thank you @lexiconical for your comments.
I agree that it is a trend, but what is behind it? low prices means low demand. I am trying to say that this low demand is caused by fundamental problems like insufficient development and marketing.
Those may be components, but the rapidly rising Alexa rank and new account creations would seem to imply that's not the problem.
I think other projects are sucking up money atm, like Bitcoin Cash.