Thanks for the read and comment @ghayas!
Yea I know STEEM isn't for anything besides usage on this site, but that's the point I'm making is that the minimal usage will keep the demand down since you can't really do anything with it besides hold it here for power and give it to other people for actions on here or whatever. Overall point I was making is just that speculation and greed propels these shit tokens when proven fundamentally sound coins aren't doing so hot.
Agreed ! but I guess it will increase over time because steemit is only 500k users. Secondly, there are Millions of websites and at lease thousands of them are newspapers and magazines, forums etc. Surely, they want readers taking interest in their contents and what's better than introducing SMT's to their forums. Tx