Steem is hurting hard right now along with just about every crypto. This is probably the massive thinning of alt coins that we all saw coming where only the strongest projects and communities will survive. I won't say that Steemit will survive just because the platform has a lot of awesome people, because I have been part of awesome communities that fell apart before when the platform we lived on failed. However, we all have financial incentive to find some way to rally and find a common ground.