"Hey, sorry about the absence. I just didn't give a shit about steem while it was at 40 cents, but now that's it's back above $1 I'm stoked to be here, remember to upvote, follow, and resteeem me!"

Lol.. This is so true.

In a way it is positive for the Steem price to take a hit because when the price of SBD is higher it is always much more easier to earn Steem and convert to SP. It encourages investment. The problem is, that is only feasible to the 1% of Steem making more than $10 a post.

The guy earning cents probably sees it as a waste of time and they are the majority on Steem.