Quora Question - What are some of the weaknesses of Steem?

in steem •  5 years ago 

Here are the answers I put on Quora. I would be interested about the views from the community on this.

  1. The weakness of STEEM is the 13 week lock down period for SteemPower. No large investor want to freeze her/his assets for 13 weeks, specially not in a volatile environment like cryptocurrencies.
  2. STEEM is among the top 10 currencies with the lowest trading volume which is a bad sign for investors since it shows the lack of interest and the danger of price manipulation because a single large holder can move the price up or down.
  3. STEEM is listed on just a few big exchange which further shows to point 2 the lack of interest.
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Democratizemos mucho mas Steemit

@tipu curate

the lock down period and the unlimited supply too