based grapic of poloniex price of steem continued to decline from the first to appear until 26 August, I think these prices continue to decline due to the selling price more than the purchase price. resulting in an unstable market prices. but I believe this is only temporary because steemit can still grow bigger.
I believe steemit can grow and rebound. I am going to buy some up for the rebound.
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Have you checked Steem Down:
http://steemdown.com/
Anyways I am long on steem power and will continuously power up:
https://steemit.com/introduceyourself/@steempowerwhale/i-am-steempowerwhale-and-i-am-here-to-upvote-your-lifetime-dreams
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