Any more comments or thoughts on steemit?
Nothing except the reccuring Pyramid scheme accusations, and the steem development team issues.
I tested steam and don't really like it, i don't even see the point of such a system especially because it is a social media platform that pays his users for the created content (if the other users like it). It is like recreating the wheel.
Beside of that, it is crowded with whales, and as pointed earlier in this thread, they don't have experience in finance and trading as they are just dumping the price of steem. But maybe the price drop is due to the Pyramid scheme ? Anyway, they must wait 2 years to powerdown, what a huge cooldown "I have 2 millions$, but won't be able to get them home untill 2 years have passed", it sounds really stupid.
I think that one of the bigest problems of steem is the lack of inflation controle, too many coins are created, and just a few of them are used. why ? because there is no merchant integration. They should have done this with the steemApps, but apparently no one is interesting developing such an application. What will it be usefull for ? nothing, because else, someone would have aleready done that, and i didn't found it yet.