The price of STEEM and others are not doing it any favours. A friend of mine, the one who sold you the cases seems to be very bitter about Steemit and has promised an article about why he thinks this is the case. It hasnt arrived yet.., but will prove interesting when he delivers.
These incentives such as @steemhunt and @tasteem may help but as I mentioned to @bozz, are they the kind of things that are interesting for us as readers to view, or is is content just for the sake of giving more back to planktons and minnows?
I thnk more of these are going to arrive and Steemit is going to morph into something else.
Steemit has been through a lot of this already and it hasn't really changed much. The Steem need to be distributed more broadly, but they also need to be according to a meritocratic principle. Right now the monetary investors are favoured, but it would be better if it was balanced so quality content also was seen as investment.
The Steem price is affected by external events like exchange hacks. It will have to grow on its own strengths. I still think the platform is viable. We will see it expand with various apps. They will need to be financially viable to survive as I don't think Steemit will support them indefinitely. It's all a big experiment and there will be fresh ideas. As I've said, we will need ways to control the sort of content we see in our feed.
Just 3 hours ago there was another one, but so far Im not seeing any major price corrections, which is a little surprising. - https://www.coindesk.com/bithumb-exchanges-31-million-hack-know-dont-know/
I'd just seem that story. It doesn't help investor confidence