It is true that the lower value is bad because it gives you less payouts and less upvoting power. This might actually be the reason why the price has gone down slowly in time, not a sudden crash. Because of the lower prices people are less likely to care to write a blog, because they will get lower rewards. So people start leaving steemit. This means that less people are upvoting now so even fewer rewards for the people who still make posts. Causing some of them to leave. And so on and so on. We are in a negative spiral, causing a slow but steady decline. Once we break that i see no reason for steem to remain on the low prices. i do agree with some of the problems on steem, for example the not suggesting similar content and so on. But once we get out of the downward trend and start recruiting new steemians i am sure they will start tackling all of these problems one by one.
RE: Steem Price is Down. Should You Be Worried?