Problem is steem power! Check current trending top from steemit. Some guy got hidden because someone dropped a 200$ downvote on him. Big bunch of newly created steem goes to hodlers -> leading us to have another bunch of "banksters here. Who can control everything and rape the reward pool.
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I need to do more research before I can give you an opinion on the issues you've raised, i'm still a noob :P - thanks for the comment anyway :)