Voted for
- Other (plz mention).
First, the selfishness and the greedyness of most of the users.
Second, the lack of real, human interaction.
A lot of people are writing blog posts on Steemit, but only a few people cares about other people's blog posts.
These are pushing away not just the existing users, but also the potential new users.
No matter what I write about, what I do, almost no one cares about my Steemit posts.
I rarely receive real, human comments on my Steemit posts.
Nowadays I don't even use Steemit for blogging.
I tried blog posting on Steemit for almost two years.
I am on Steemit since 2017.05.17.
Putting a lot of time, work and effort into Steemit blog posts feels like time wasting.
And I am just one of the disappointed users.
Nowadays I have 958 followers, but most of them are inactive nowadays.
They left Steemit (and the Steem blockchain) long (months) ago.
Probably these are the main reasons behind the low price of Steem.
Or maybe it is not low at all. Maybe it is where it should be.
Or maybe it should go even lower.
Ask yourself one (or more) questions:
Would you be active on a so called social network site, where your content does not get seen? Would you put almost two years into a website like this?
Would you put hours of work into a blog post (to make a quality post) just to see a few (or many) bot comments, but no real, human comments (or maybe no comments at all) under your blog post?
Would you put hours of work into a blog post (to make a quality post) just to earn a few cents (or nothing at all) after 7 days from posting?
I think that the honest answer is a big "no" for these questions.
People need to change their behavior, and the price of Steem (and the reputation of Steemit and the Steem blockchain) will change with it.