Steem has enormous potential. The blockchain architecture can handle the huge amount of transaction it takes for an interactive incentivized social blogging platform to run well on it. It's secure, it can scale, there is a lot of development going on, on the Steemit side as well as independently. Initiatives like utopian.io have arisen from it.
And yet, there are people within this community that behave in ways that reward them in the short term with Steem, yet might hurt the future of the platform in the long term.
Maybe we all have to realize that the only advantage we have to a new kid on the blockchain that copies the Steem concept (which is not really difficult, since it's all open source) is our community. If our community continues to exhibit poisonous traits, a move to a new place becomes a real option for many.
Not me, of course, I'm a true believer :)