Why Is Steem Under $1?
The truth is, no one knows. It's a "currency market"...aka the hardest in the world to predict. There's no valuation and all speculation.
What Could Make Steem Rise back Above $1 and Stay?
I've been off the platform *with the exception of curating here or there (and playing MLB pickem) for about 2 months now. It was partially because I had other priorities on my plate, but also, I felt it was no longer worth putting in the time and it lost it's luster. Any recommendations went ignored by community with little to no feedback. But I digress...
To answer my own question, IMO it's definitely not advertising and passing out flyers (though I commend those for the resources and effort involved), it's simply listening to the community and interacting with the one that's already here.