Good article. This is true. There is a lot of people spreading FUD around the cryptoworld. It is further complicated by the abstract nature of cryptocurrency investing and the fact that, like you said, one person or group and drastically affect the market, which is not regulated for such, or anything else.

I'd like to tell people to buy now, but I don't give advice for legal reasons :) However, I like to tell people how they can make decisions for themselves and explain to them how to make them. I'm always trying to write articles here when these "red days" appear and calm people down.

However, my influence is very limited. But I think the steem price might be rather stable also, because many people here share good information and someone involved with steemit is likely to find good information from the service itself.

The current price decline seems to be mostly affected by bitcoin, the BTC/Steem price has not declined nearly as much as the dollar/steem price.