Are we confusing steemit with STEEM? As a blockchain, STEEM is holding up well as a resilient platform delivering the fastest transaction processing speed whilst dealing with amongst the highest number of transactions. As an investor, this has to be attractive.
I also believe its lack of effective marketing is its strength right now. Once more people fathom the potential of this platform, I personally believe there is plenty more upside.
No. Steem has double the transactions and averages about 1.7m a day... sure. The problem is, the next blockchain is likely to be faster. The competitive advantage of steem in the long-term is a community that backs it.