Steem price is falling and now its worth is 0.96SBD.

I have come across a number of Steemit users raising concerns over the falling Steem price. Steem price is down about 40%. Not so good in maths, but it's nearly about 40%.

Causes:

One thing we will all certainly agree on is that, by whatever measure you use, prices have fallen. I believe there are a number of contributing factors to this market move. I think it's the fear of missing out that making people to sell their steem. So market of steem becomes irrationally quick.

Users:

Although users are increasing day by day but the value is still falling down. This is, however newbies are burden on steemit.

Summary:

Well there are number of factors effecting the declination of steem price. But the thing is people are freaking out. They are afraid to be theft.