RE: Steem price and low demand - Fix it finally! Solution is waiting
Cryptoland has not existed for anything close to 50 years (much less longer), nor has it ever been a consistent store of value. It isn't at all clear what works or doesn't work long term in crypto. Note this does not mean I am supportive of Steem's investor-unfriendly structure. I've never been a fan of it, though I do see some aspects of it having a purpose.
I can't reply to your other comment because of nesting, but it is incorrect that pre-spike there was no app. The site was up and running for two months and there were quite a few users, possibly a similar number to now (many of the "spike" users are now gone). It was actually a reasonably-well-known source for crypto news and articles and posts were being widely linked by other news site and blogs (this was around the time of the DAO debacle and many of the posts were about that). So I think the price comparison is pretty fair.
My point is that people in crypto expect to gain money, that's a big use case in crypto that you can't deny, if you try to convince them to invest in steem by making such statement they are going to run away.
So you think the price right now for steem is fair?
My opinion is that steem is at a clear disadvantage compared to other cryptos because the speculation/investors/traders part is non existent in steem. Steem with only 10% inflation right now would definetely be in the top 5 cryptos. It has much more future potential than coins like litecoins or monero and investors would be pourring in money right now if they could without being debased or locked.