By the way Steem is a 0 fee currency. If somebody would create a market for goods and services based on Steem, like
Openbazaar is for Bitcoin.
Then Steem's value would skyrocket. At the moment it's only a social media. But it can be much more than that.
Here's the thing though. It has been almost a year now and so far the only thing steem has going for it is a shitty reddit knock-off.
Dan left a few months back to work on his own thing.
Plus, most of the steempower is held by a few crazy people who tend to only upvote eachother. Right now, there is an account that has ~400,000 SP delegated to it and only serves to push anti-vaccine conspiracies. There's no chance of mainstream adoption when you have wackos like that running around.
There is 0 future for steemit and steem.
Edit:
"But if you earn 50$ for a mediocre article with 50% SBD/SP payout"
Lol, who the fuck is earning 50 for a "mediocre" article? Unless you already have a few whale friends, you will struggle to earn 5 or even .5 on a post
You are a moron. Sorry to say. So you are saying is that STEEM has no value or that will die. The machine is running. No way to stop it now.
You must be living under a rock and have no clue about economics whatsoever.
Steem on the contrary of Reddit at least pay for content upvotes. What does Reddit do for you? You talk about crazy people upvoting your posts. Exactly the same what they do on Reddit. Reddit is one the biggest social media networks in the world. STEEM will become more powerful. There was an increase of users by 200% making it 250,000 just this year and we are still in the beginning. How much do you think STEEM will be worth when it reaches 25 million users? And you can be sure it will reach more than that. $2 is nothing to pay now for 1 share of the market.