Yes, I went through the same - after going through the initial sign-up (and almost abandoning it because of the phone number with SMS requirement) I heard nothing for over 4 days. By then my intended initial post was stale and much of the excitement was gone so it was starting from scratch anew. This has so much potential if just a handful if issues can be worked out. I wish the best for it and hope it doesn't collapse on its own.
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Thanks for your comment and sharing your experience @ivars. From your comment, this is my understanding that during the signup process, you received only sms code (No email verification). Then, after 4 days you received email from steemit to inform you that your account is approved. Please let me know, if I got it right.
My friends and family members, whom I introduced to Steemit and still waiting for approval after couple of weeks without any email confirmation or verification from steemit.
First they sent me an email with a link I had to click to verify, then I had to give them a phone number and they sent me an sms to my phone with a code I had to enter on a web page, then they said they would send me an email when I was approved. It was that last approval that took 4 days. It was more involved, cumbersome, and time consuming than setting up access to my bank account.