What I observe is that value is being redistributed in the crypto space all the time. Steem going down again vs BTC is just indicating to me that: Steem isn't the place to be.

No excitement, hype or communications coming out of Steemit INC. We have been waiting years for SMTs and communities. Ok, test net is finally here, but where is the promotion, the buzz creation outside our ecosystem? This is turning to out to be a sad joke now.

This might be my low feeling for Steem right now.