There's only one reason why Steem would be allowed to fall back to $1.5 - so I can afford it again:)).
Seriously. I think Steem really deserved it and I hope it's going to go uphill - although I just missed it in spite of steemitic euphoria to buy it.
And now a compassionate "AAAAAWWWWHHHHHHHHHHHHH " and a few upvotes from all for poor Karl-Paule as a consolation ;)