Steem Strengths & Weaknesses
Disclaimer: Everything in the post is personal opinion.
Introduction
This post wants to answer the question @timcliff opened a discussion about:
What are reasons investors avoid STEEM?
Here is the post of @timcliff, I'd suggest reading through the comment section since there a lot of good answers.
Strengths
There are many features that Steem has that differentiate its blockchain from others:
Weaknesses
Of course there are some weaknesses too that might drive away investors:
Lack Of Knowledge and Misinformation
This is by far and without a doubt the biggest problem Steem currently has, many possible investors simply don't dedicate enough time to read Steem's Whitepaper, SMT's Whitepaper, examine how DPOS works and all the other things that make Steem what it is.
Also, misinformation has caused many investors to believe things that are not true such as for example saying that Steem has a 100% inflation rate.
Lack of Knowledge and Misinformation are what have caused Steem to not be in the top 20 or even in the top 10 (from my perspective).
Projects that deserve having less MarketCap than Steem but currently have a higher one
Here are just a few of coins that deserve to be below Steem from my point of view:
There are many other coins that have a higher market cap than Steem and that don't deserve their position, you can look them up yourself.
Conclusion
With HF20 Velocity coming, SMT's coming too and the Steemit Inc team informing everyone about what they are doing more frequently through @steemitblog Steem has great potential and being able to buy Steem at less than 1$ it is what being blessed must feel like.
If you like what @humanheart is doing you can support it by approving its witness, here is the Steem Connect link in case you wanna vote for @humanheart for witness
Due to the fact currently @humanheart's witness earnings only cover 5% of the server costs this posts liquid rewards will go to paying those
Looking forward to SMT and HF20, which make STEEM great again!
I blame the lack of vision and long-term mentality of most people on this platform.
If Doge is doing better than you, chances are, you are not taking yourself seriously enough.
That's just my opinion, though.
That’s a simple version of in-depth analyse, the weaknesses are so true but strengths are more realistic for me. Just don’t understand those points in short form
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