I raised the same concerns here in my post title 'bring back the good old steemit'. https://steemit.com/steemit/@bestgift/bring-back-the-good-old-steemit. The problem is that most of the big whales are not giving huge votes to attract new and old people back to steemit, and the value of steemit keep going, so you have to struggle to keep up. Profit is like honey, and where there is honey it will definitely be attractive. Sad though because everyone is affected from the big whales to the new guys.