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RE: Weiss Report On STEEM: All Strengths With One Weakness: BASICALLY STEEM IS THE BEST TOKEN BUY OUT THERE
Though Weiss Rating is uberbullish, STEEM seems to be struggling due to lack of trader's or investor's interest. STEEM is sold in the market for livings by many bloggers and big-holders are still downsizing. Therefore, supply is downing demand at this moment compared to other cryptos. However, if few institutional buyers come on the board for STEEM, it will rise in demand and correct its position to top 5 or 10. Still few issues has to be solved: how to retain new users since it is quite hard for them to earn anything without any SP. However, @taskmaster4450 other blog put some light on it.
Fix Promoted posts and demand will increase: burn steem (smoke?) for exposure. This is a different model to visibility via upvote bot.
Also, the incoming SMTs are a good reason for investors to buy in big; having a share in a smart-token exchange is a winner if the community around that token is strong.