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no idea...
it would appear that the price of Steem is HUGELY affected by the price of BitCoin.
If that 'tie that binds' could be broken it would be a good thing...IMHO.
perhaps HF20 will do that?
Steemit doesn't need to compete with FB...it needs to go it's own way and carve out a new niche.
FB is so last decade.

Steemit was never built to be a real competitor to facebook...

It is competition to medium, maybe reddit.

There's just far too much missing from Steem to really compete with Facebook for users.

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.032
BTC 57824.15
ETH 2965.89
USDT 1.00
SBD 3.70