This is why the bloggers that seek to earn STEEM need to also demand that the places they need to buy stuff from start to accept STEEM. If bloggers didn't dump on the exchanges the STEEM would likely be worth more and the bloggers would be getting richer due to this.

Additionally, if the businesses noticed that content producers want to spend STEEM with these businesses, the businesses might power up and grow their customer acquisition within the Steem community.