I never thought about this being a possible contributing factor to the decline in the price of the currency.
You do pose a valid point regarding copyrighted material / Dtube and steemit. It's unfortunate that self policing of copyrighted material within the community here may not be enough to push back and prevent it from occurring. I don't have the answer but I sure hope it gets addressed at some point and the outcome is a positive one.
Thanks for your comment. There are many groups and investors always on the lookout for 'the next big thing' to invest into and they would jump at something like steemit, provided there are no significant threats that could result in loss of investment and this is definitely one of the biggest threats.
Agreed! I think it will be quite awhile before steemit becomes a mainstream thing but it's definitely worth investing in right now for those with money to use in speculative investment as the community and currency are both relatively new. Of course one can blog for STEEM rewards too but I'm also putting my own money here.
Hopefully we've got the next big thing right here. Time will tell.