There was some FUD doing the rounds that when bittrex reopened the wallets Steem would be dumped on mass due to the "cyber attack" and that would be the end of steemit.
Well that didn't happen....
The price briefly dropped to just below $3 when the wallets were re-enabled and then bounced back to $3.70- $3.80 mark.
The low levels of liquid STEEM due to STEEM Power and people holding tightly onto their vested stake is showing its true genius once again.
Here is a snip of one of the many version of this FUD floating around.