"There are few steemiens with over 70 rep. saying steemit is already dead. I hope it’s not true."

Is what I read in the comments section last week, I think it's preposterous, negative thinking.

I Can See Why People Think This, But

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Value Loss

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We've been in a bear market for months now (apart from the last day which has seen rises of 50%), a lot of users are feeling the pain after SBD and STEEM dropped from

^{as high as $15} to _{as low as $1.50!}

A lot of users even cashed out and stopped blogging all together, is that the platform dying? _{No, that's the process of weeding out the fakes who are only here because it's profitable at the time.}

They've now lost their followings and may have to start from scratch, the people who stayed are gaining a larger share of the reward pool and ultimately are making more money if they hold on till the next price surge.

The markets today saw increases of 50%.

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Why else might people think steem/steemit is dead?

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Just Looking At The Trending Page

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The growth and prevalence of bots in recent months has caused a lot of worry for users who've been here since the early stages, we've seen shitposts by the likes of @chbartist (for example) upvoted to the trending page using bots multiple times a week.

^{It's hard to forget though that steemit is a financial instrument as well as a social network. Paying for votes is essentially steemit's advertising, if someone wants to advertise here, they need to BUY steem through an exchange or earn it with hard work, that's the reason STEEM and SBD have value, people want a higher stake in the system, they're investing because they believe in it or they want to buy views - hopefully to make some money, ultimately, bots help draw in business and increase the value of STEEM/SBD, and take the place of the 'promote' feature which I don't think anyone uses.}

I think if bots were used, the post should be put on the 'Promoted' page rather than the 'Trending' page... But i can't imagine anyone being too happy about since the post at the top of the trending page right now had $40 spent on promotion and only recieved 50 views and $0.10 in votes.

^{Thinking about it, the only way to get people to use the built in promote feature is to make it into a vote selling service of sorts.}

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There is also a certain whale who's been upvoting a certain Technical Analyst up to the trending page for a while now, this won't last for long, already there is a community of us fighting against their reign of terror, oppression and reward pool theft. More and more large users join the fight every day..

Thats me! I just levelled up to a black mage for 100 Billion downvote rshares.

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More Reasons Why Steemit Is Just Experiencing Teething Issues Rather Than A Death

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It's Use As An Actual Form Of Payment/Replacement For Banks

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Last week I read a post by @jaraumoses which explained how in Uganda, you can make 3x more than an average wage just by blogging here. He also mentioned that Ugandans often use it to pay each other thanks to the extremely high bank transaction fees there.

^{You might not see it the same way I do, but to me, this shows signs of an international currency, a way to close the wealth gap between developing nations, and people truly replacing banks with cryptocurrency.}

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Steemit Is The Easiest Way To Make Money Blogging

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Many of you will have tried running your own blogs with sites such as wordpress or maybe by hosting your own site, and it can be astonishingly difficult since you have to worry about SEO (search engine optimization) and hosting costs, and attracting an audience among other things.

So for people already running blogs, or people who want to run a blog, steemit is a life saver - you don't need to concern yourself with any of the complexities or technical aspects, all you have to do is create your content and it instantly becomes available to a large audience, then you have the added bonus of networking to attract even more of an audience. By this logic, steemit can never really die under current circumstances.

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Even As Tokens WITHOUT The Social Aspect, STEEM/SBD Are Superior To Most Cryptos

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How often do you find a crypto that has NO transaction fees?!
^{Like, never?}
What about transactions in 3 seconds?
^{That's also rather rare...}
Can send payments to your friends or favorite content creators using an easy to remember and pretty handle like @sisygoboom?
^{Never seen it done before.}
Strong development community?
^{We've got one of the best.}

I could go on, but you get the idea, even without the social network, the tokens we rely on are vastly superior to most other cryptocurrencies.

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Yes, There Are Flaws

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Even with the flaws of the steem ecosystem, it's easy to forget that we haven't even left the beta phase yet, do you think steemit was perfect when it came out two years ago? Probably not. It'll take a while to iron everything out.

_{A complex machine such as the steem blockchain and steemit.com require way more than two years to perfect.}

There's always work to be done, and the developers at Steemit Inc will always have our best interests in mind, it's my belief that we can trust them to do what's best for the platform, the currency, and us.

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