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RE: Steem price will remain low, I am sorry…
There are other factors at play as well, 64K steem is created on a daily basis with little to no incentive to buy steem. If no one buys that steem, the price falls. Add in other things going on, and it makes for a tough future.
I actually think the price would be going up if it wasn’t for this particular seller... 6 days ago price was up by quite a bit (1.08)... hours later the seller began to unload and took it back down (0.95).. I am not saying it is the only factor but when one of the top 10 holders starts to sell constantly price is definitely going to suffer.
I think a big reason the price went up because of the "news" of $20M investment to Steem.
Yes, I also think that is why the price went up, and maybe it could have stayed up but the raise was killed by huge sell pressure coming from the account I mention.