This looks like - still on re-distribution scheme...
The problem is not with STEEM. Problem is with downtrend on BTC, negative sentiment and rising power of USD...
[they will cook this 11-20k BTC holders.]

Steem - should get more and more to BTC. - but when BTC will loose to USD... STEEM - also may fall to USD... still this is only 2years project...

Be positive in mind!
This is good way, Steem is realy nice project.
Best regards!