Steemit mainly needs to attract and motivate new and keep existing users. As big investors were too greedy and didn't change distribution algorithm to more motivational model for majority of users and so they will lose hugely in the end. I've also written about it but I guess it was not heard above. I hope price crash will be huge enough to wake up Dan, Ned and others. My projected estimation is somewhere around 0.1 $ within one month. If they try to reverse it by some big buy wall instead of better distribution model it will take two months.