Steem straight up crashed from $4.50 to $0.08. That is much worse than where we are at now. Given the same metrics we might expect Steem to go all the way down to $0.15 because it's peak was around $8 this time.

Steemit Inc is and always will be a centralized crutch for this blockchain. In the end, we shouldn't even want them around. Eventually their purpose as a bootstrap catalyst will be fulfilled at which point we'd want them to fade into obscurity.