The floor is under 1 cent steem based on cost to run .....
It could go lower if they give more tokens to the top witness, like top 4 or 5 witness gets bonus steem, then it could go much lower.

I wonder if Ned wishes he had taken me up on my $2-$5 steem offer last year when I (correctly) called everything that is currently happening to Steems block chain. I would have made (saved) him a few hundred million by now for pennies on the dollar :)

His money but man-O-man does it feel good to be right.

BTW for you, Steems price is not done going down yet.

Also consider that Stinc will have to ramp sales hard into a lower Steem token price just to keep the doors open and I would not be surprised if they back track on their 1 month of no selling commitment.

@Ned my door is still open if you want to start making money instead of burning it. Steem has great potential.