In my last blog I discussed Steem's new weapons for rising to the top ranking in the CoinMarketCap. These weapons were powerful, active and passionate community, sleak node with MIRA update, easy access to exchanges, SMT 0.1 release and incentive to mine through commenting and posting. Today, let us discuss its weakness in falling CoinMarketCap (e,g, 53 from 3) and probable solutions.
First, Steem is very transparent and advertised to make its users easy money. It is not absolutely true. For example, if a blogger from other success area shows up Steemit or busy. He/she finds that someone such as 
First of all, Steemit/Steem never be publicized as a money making machine. It should be publicized as publishing in blockchains. Also, newbies should be warned first that making money is rather hard, they have to learn and perhaps, buy some stakes to earn something. Also, they may face something weird such as self-voting or vote selling through bots but economically OK.
In fact, Steem is Delegated Proof-of-stake, that means stakeholders controls the reward how it is distributed. They can decide to distribute it to themselves by self voting (or, self proxy voting) or vote selling. If the economy of design inspire to
However, newbies should be educated on this reality first before putting any big effort or commitment to Steem. In fact, there are large number of curation trails and altruist curators to find worthy blogs or works. However, they are not enough to satisfy the needs of newcomers.
Moreover, Steem should be publicized as noob's blockchain. One don't have to buy LTC or DOGE to learn about blockchain. If he/she wants to earn, he/she have to learn a lots of lessons. One of the easiest way to earn is buy Steem and power up, similar to other cryptocurrecy, but not necessary.
The newbies are welcome to join. But we should ensure that if he/she leave, they should not put negative reviews. They don't earn any money facebook or instagram either. Their wrong expectation can kill the game.
The second thing is the Steem's inflation vs ICOs. Most ICOs such as EOS or TRON were sold during bull run and were successful to raise hefty amount of money in short period of time. Companies behind EOS or TRON have lots of cash to burn on the other hand, STINC is selling periodically. It is OK during bull run and has negative effect on price during bear run. It works like large inflation. More ICOs are distributed in couple of months, on the other hand Steem will be distributed for 25 years with an inflation rate (9% this year, 0.5% decrease each year). However, 9% inflation may not have negative effect in bull run. Unfortunately, in bear run it can be a severe sell pressure.
Steem drowning in the ranking is mostly due to sell pressure rather than less developments or confidence loss in the coin. Solution is to make positive marketing to find new investors. The radical solution is to cease inflation all together for reward pool, ony for witnesses and 2% PoS. SMT based reward pool for each DApp can take care of that. For example, Steemit can have its own SMT so as d.tube.
Finally, positive leadership is missing from Steem, from the largest holder of Steem, Steemit Inc. 
Though it is good for decentralization that Steem does not have a leader. However, largest holder of Steem (70 millions) is making PR blunders and low in publicity do not boast confidence of investors.
Solutions is to community leader taking more control of the future. Community should ask for more power and force STINC to delegate to SP to projects, curators or simply burn it. STINC should be a developer group. Other dev groups should be given access to upgrade Steem's protocol.
Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.
Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.
Thanks for reading.
Cryptominer since 2013, occasional trader and tech blogger
