So just today a friend of mine, after i told him how awsome all this is, tried to create his steem.it account. But just afer he filled out everything created a username and a password, he got the following error:

Couldn't create account. Server returned the following error:

10 assert_exception: Assert Exception creator.balance >= o.fee: Isufficient balance to create account {"creator.balance":"0.320 STEEM","required":"3.000 STEEM"} th_a steem_evaluator.cpp:91 do_apply {"op":["account_create",{"fee":"3.000 STEEM","creator":"steem","new_account_name":"kiaphito","owner":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM5385LqMjRRB7PSg8tMy3jmTV7vkpEXLPjS9e12HtgBttgN7jnH",1]]},"active":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM7TvTbEadgvH9YK3VC76sn5FuHcbiJdMthNJrL2tFSDBeSx9q2N",1]]},"posting":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM83z5jQV9w2Nj2ui6eGfK5JE1iuB8uQbFMHqPp9pM7nzb49oGwy",1]]},"memo_key":"STM7C4xY6RDFD6UbjXy4Am2b9sAKifpKvpMxs5ZbVFxotHQJdynSW","json_metadata":""}]} th_a database.cpp:2842 _apply_transaction {"trx":{"ref_block_num":40399,"ref_block_prefix":779574357,"expiration":"2016-08-08T16:07:39","operations":[["account_create",{"fee":"3.000 STEEM","creator":"steem","new_account_name":"kiaphito","owner":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM5385LqMjRRB7PSg8tMy3jmTV7vkpEXLPjS9e12HtgBttgN7jnH",1]]},"active":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM7TvTbEadgvH9YK3VC76sn5FuHcbiJdMthNJrL2tFSDBeSx9q2N",1]]},"posting":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM83z5jQV9w2Nj2ui6eGfK5JE1iuB8uQbFMHqPp9pM7nzb49oGwy",1]]},"memo_key":"STM7C4xY6RDFD6UbjXy4Am2b9sAKifpKvpMxs5ZbVFxotHQJdynSW","json_metadata":""}]],"extensions":[],"signatures":["20384f08a359acd995374aa9c198bd37cac5c46706b6b685907eaf5476b443115c166886336de0fc6feda05de31fcca31aff23ff1e9b5b698e0dda5c97b2e3d8cf"]}} th_a database.cpp:2846 _apply_transaction {"trx":{"ref_block_num":40399,"ref_block_prefix":779574357,"expiration":"2016-08-08T16:07:39","operations":[["account_create",{"fee":"3.000 STEEM","creator":"steem","new_account_name":"kiaphito","owner":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM5385LqMjRRB7PSg8tMy3jmTV7vkpEXLPjS9e12HtgBttgN7jnH",1]]},"active":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM7TvTbEadgvH9YK3VC76sn5FuHcbiJdMthNJrL2tFSDBeSx9q2N",1]]},"posting":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM83z5jQV9w2Nj2ui6eGfK5JE1iuB8uQbFMHqPp9pM7nzb49oGwy",1]]},"memo_key":"STM7C4xY6RDFD6UbjXy4Am2b9sAKifpKvpMxs5ZbVFxotHQJdynSW","json_metadata":""}]],"extensions":[],"signatures":["20384f08a359acd995374aa9c198bd37cac5c46706b6b685907eaf5476b443115c166886336de0fc6feda05de31fcca31aff23ff1e9b5b698e0dda5c97b2e3d8cf"]}} th_a database.cpp:671 push_transaction digest 8ec09e421dbcff2cfc0a67f26e4a8207f0a2b9ebd37264e356d8423ad4fd946b transaction 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 {"ref_block_num":40399,"ref_block_prefix":779574357,"expiration":"2016-08-08T16:07:39","operations":[["account_create",{"fee":"3.000 STEEM","creator":"steem","new_account_name":"kiaphito","owner":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM5385LqMjRRB7PSg8tMy3jmTV7vkpEXLPjS9e12HtgBttgN7jnH",1]]},"active":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM7TvTbEadgvH9YK3VC76sn5FuHcbiJdMthNJrL2tFSDBeSx9q2N",1]]},"posting":{"weight_threshold":1,"account_auths":[],"key_auths":[["STM83z5jQV9w2Nj2ui6eGfK5JE1iuB8uQbFMHqPp9pM7nzb49oGwy",1]]},"memo_key":"STM7C4xY6RDFD6UbjXy4Am2b9sAKifpKvpMxs5ZbVFxotHQJdynSW","json_metadata":""}]],"extensions":[],"signatures":["20384f08a359acd995374aa9c198bd37cac5c46706b6b685907eaf5476b443115c166886336de0fc6feda05de31fcca31aff23ff1e9b5b698e0dda5c97b2e3d8cf"]}

What does this mean ? Are there not enough Steem left for people to sign up ?