True! And that's exactly what everybody was saying 2 years ago, when I did just that! I've lost 99% so far.
"It can't go much lower!"
That's also what they said 2 years ago, funnily enough. Now we know better. It can lose another 99%, and then another 99% of that, and so on, forever. That's a special power of digital currencies that physical coins don't have :p
RE: STEEM at 0.12 USD? It has only been cheaper on 37 of its 1309 days!